Würth generates over EUR 10 billion in sales for the first time
- Operating result grows disproportionately
- All regions report growth
- Equity ratio of over 45 percent
Künzelsau/Gaisbach. According to the preliminary balance sheet, the Würth Group reports a sales volume of EUR 10.12 billion in 2014 (previous year: EUR 9.75 billion). In local currencies, growth came to 4.8 percent. Currency changes cost the Group one percentage point of growth.
All regions succeeded in increasing their sales. The Würth companies in Southern Europe are taking up speed as well. The companies outside of Europe are also developing positively, especially the companies in North America (+ 8.6 percent). In Germany, Würth grows with 4.1 percent. The largest individual company in the Würth Group – Adolf Würth GmbH & Co. KG – will celebrate its 70th anniversary in 2015.
According to preliminary calculations, the operating result will come to EUR 500 million in 2014 (previous year: EUR 445 million). This corresponds to an increase of 12.4 percent. With an increase in equity capital of about EUR 300 million to a total of EUR 3.68 billion, the Würth Group reports an equity ratio of over 45 percent in the business year 2014, which constitutes a robust financial basis.
The number of employees went up from 63,571 to 66,044 in 2014; this increase was above all reported in sales-related areas.
Robert Friedmann, Chairman of the Central Managing Board of the Würth Group, is contented with the key figures achieved in 2014. "The development of the Würth Group shows a clear upward trend in all parts of the world in spite of the partly very difficult world economic influences such as in Russia. We are looking optimistically into the year 2015 and will continue investing purposefully in further sales representatives, growth markets and sales channels such as e-business.
About the Würth Group
The Würth Group is the world's market leader in its core business, the trade in assembly and fastening materials. It currently consists of more than 400 companies in over 80 countries with more than 66,000 employees on its payroll. Approximately 30,000 of them are permanently employed sales representatives.
In the Group's core business, the Würth Line, the sales program for craft and industry comprises more than 100,000 products: from screws, screw accessories and anchors over tools to chemical products and personal protective equipment.
The Allied Companies of the Würth Group, which either operate in business areas related to the core business or in diversified business areas, round off the range by offering products for DIY stores, material for electrical installations, electronic components such as circuit boards as well as financial services. They generate approximately 40 percent of the Würth Group’s sales volume.