- sales increased 4.8 percentage reached a record high of 14.27 billion euros
- operating results fell to 750 million euros
Shanghai 2020, February 11 / PRNewswire / – according to the preliminary annual financial statements Würth Group 2019 sales of 14.27 billion euros (13.62 billion euros for the 2018), an increase of 4.8 percentage. Consider changes in currency exchange rate effects, the increase of 4.2 percentage.
2019 sales different from the past, differences in the development of the regional groups and the business sector is a reflection of this phenomenon. In Germany, 2.1 percent sales growth can be described as slow. The first situation is attributed to the plight of the automotive industry. All of the company’s services for industrial customers, such as: Würth Electronics Group, manufacturing and trading companies and other development tools have therefore been affected, these business units in 2019 sales, has declined. But in the meantime, Adolf middot; Wurth Ltd, as the parent company Würth Group Würth straight line and sales organization in Germany, a growth rate of 5.8 percentage.
At the same time, the Group achieved a 6.8% increase in sales outside of Germany. In Southern Europe (15.3%; as factors to consider mergers and acquisitions, compared with 4.9%), (6.6%) South America (8.0%) and Eastern Europe have achieved a satisfactory growth rate.
electrical wholesale business even double-digit growth, thanks to a certain extent in 2019 acquired Spain’s leading electrical wholesaler Grupo Electro Stocks S.L.U. (GES).
e-commerce sales growth over the average level of 2019 to reach 2.6 billion euros, accounting for 18.3% of total sales.
operating results
According to preliminary data, the Würth Group’s operating results for the 750 million euros, down 13.8% over the previous year (2018: 870 million euros). The decrease was primarily due to margin pressure, we can not continue to rise in the purchase price is fully passed on to customers the market. In addition, the Würth Group is constantly investing in the expansion of its business model and development plan.
employee
2019 the number of employees increased from 78,686 people 77,080 people, an increase of 1606 people. In Germany, the number of employees was 24,344, corresponding to a growth rate of 2.4%. Group currently has 33,979 in-service sales representative.
Adolf middot; Wuerth Ltd. achieved a milestone: sales of 2 billion euros.
Adolf middot; Wurth, Ltd. was established in 1945, and now sales of over 2 billion euros. 2019, the Group’s parent company sales of 2.09 billion euros. Adolf middot; Wurth Management Board Chairman Norbert Heckmann said: “2020 is a great year anniversary celebration: coincides with the 75th anniversary of the establishment of the group, Professor Würth also ushered 85th birthday – this what a precious gift! “
prospects
Chairman of the central management Board of the Würth Group, Robert Friedmann in the new fiscal year Prospect said: “in view of the expected general economic situation cautious, Würth Group expects sales to mid-single-digit growth appears, and the operating results related to this proportional growth of course, any political tensions and tariff disputes. will be the disturbing factors, because they will have a great impact on foreign trade and exports. even being in such a hostile environment, we will continue to focus on maintaining growth. “