SIGN IN
Log In / Register
News
WÜRTH Group Continues to Grow
Add to my favorite
2020-02-13
According to the preliminary annual financial statement, the Würth Group reported a sales volume of EUR 14.27 billion in 2019 (2018: EUR 13.62 billion). This corresponds to a growth of 4.8 percent. Adjusted for foreign currency effects, growth comes to 4.2 percent.
Sales developed in an unusually heterogeneous way in 2019. The different development of both the individual regions and individual business units of the Group reflects this. In Germany, sales growth was rather modest, at a rate of 2.1 percent. This is above all due to the struggling automotive industry. The development of business units such as the Würth Elektronik Group or manufacturing and tool trading companies, all serving to customers in this industry, was affected as a result. These units reported declining sales in 2019. Contrary to that, Adolf Würth GmbH & Co. KG, parent company of the Würth Group and German sales organization of the Würth Line, was able to report growth of 5.8 percent.
The Group achieved sales growth of 6.8 % outside of Germany. Satisfactory growth rates were achieved in Southern Europe (15.3 percent; 4.9 percent if adjusted for acquisitions), South America (8.0 percent) and Eastern Europe (6.6 percent).
The Electrical Wholesale companies even grew at double-digit rates, in part thanks to the acquisition of Grupo Electro Stocks S.L.U., a leading Spanish electrical wholesaler, in 2019.
E-business sales experienced above-average growth and amounted to EUR 2.6 billion in 2019, thus increasing their share in overall Group sales to 18.3 percent.
German Wuerth
sales report
growth
德國伍爾特
銷售報告
成長
2020-02-14
Subscribe
