NEWS Würth reports
double-digit growth again Würth Group sales increase by 12.3 percent in 2011 to a total of 9.7 billion euros.
12.3 percent. The operating result is expected to reach last year’s level. Sales increased particularly strongly in
I
Germany, where Group companies grew by 14 percent, reporting 4.4 billion euros in sales. Adolf Würth GmbH & Co. KG made a major contribution to this result. The Group’s parent company stepped up sales by 13.2 percent to 1.2 billion euros. Supporting future development further
investments are being made in the company’s Künzelsau location. On 6th
December 2011,
the foundation stone was laid for what Würth Group describes as its most efficient and most modern distribution centre. Investment in the project will total 60 million euros. A new annex to the administrative building in Künzelsau will be completed in spring 2012. The Group’s 2011 operating result is
expected to exceed last year’s level by approximately 80 million euros; however,
n 2011, the Würth Group set another sales record, achieving sales of 9.7 billion euros. According to the preliminary annual financial statement, the company grew by
it has been negatively affected by losses in solar production, especially with regard to the withdrawal from this line of business. Therefore, it is estimated that the operating result 2011 will reach the same level as last year’s result at around 385 million euros. Group employee numbers increased by
3,680 to 66,113 - almost half operating as sales representatives. In Germany, an additional 1,446 employees were hired. “In 2012, we are also planning double-
digit sales growth for the Group”, says Robert Friedmann, chairman of the central managing board of the Würth Group. “Only the global economic situation may darken these hopes.” The great insecurity regarding the further course of the Euro crisis as well as its consequences for the European Monetary Union puts a strain on the economic development. 2012 will nevertheless be a very special year for the Würth Group: The Group intends to generate sales of 10 billion euros for the very first time. Certified annual accounts will be publicised
on 10th May 2012. Bossard sales and net
BBI customer can now quote and operate buying account in Euros including invoicing and payments
income above expectations Bossard Group’s interim report for 2011 reflects a 9 percent sales growth in local currencies. Group sales in Swiss Francs totaled 473.4 million, higher than the Q3 forecast.
O
BRIGHTON-BEST INTERNATIONAL
+ 4 4 ( 0 ) 1 3 8 4 - 5 6 8 1 4 4 www. b r i g h t o n BEST. o r g
Become a BBI Customer Today!
12
verall sales in the fourth quarter 2011 were higher than anticipated despite a difficult market environment with decreasing growth forecasts
and a strong Swiss Franc. America again reported double-digit growth in local currencies whereas sales growth in Europe and Asia stagnated. Group sales in Q4 totalled CHF111.7 million, reflecting a year on year 3 percent increase in local currencies. Given the noticeably altered exchange differences, however, sales for Q4 expressed in Swiss Francs were down 2.1 percent. Bossard Group reported 2011 full year sales of CHF473.4 million, an increase of 9 percent in local currencies, higher than the forecast of around CHF460 million announced in Q3. However, the strength of the Swiss Franc meant sales expressed in the Group’s accounting currency were down 0.9 percent year on year. Fourth quarter European sales reached
CHF61.4 million, up 0.7 percent in local currencies year on year but down 2.9 percent
Fastener + Fixing Magazine • Issue 73 January 2012
when converted to Swiss Francs. Total sales in Europe in 2011 reached CHF268.1 million – an increase of 8.3 percent in local currencies and 2.6 percent in Swiss Francs. A “satisfying increase in demand in
America in the fourth quarter” meant sales were up 10.7 percent in local currencies (In CHF +3.7 percent). Sales for 2011 totalled CHF124.5 million, an increase of 13.7 percent in local currencies (in CHF -3.3 percent). Quarter 4 sales in Asia totaled CHF19.8
million. After sales in local currencies fell by 7.2 percent in the third quarter of 2011, there was only a slight drop of 0.5 percent in the fourth quarter. Sales for the year amounted to CHF80.8 million, reflecting 4.6 percent growth in local currencies (In CHF – 7.7 percent). Higher than anticipated sales impacted
positively on net income, which means the Group’s profit will be higher than the CHF40 million forecast in the third quarter of 2011. The 2011 Annual Report will be presented on 7th
March 2012, in Zurich.
www.bossard.com
Now you can order in...
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170 |
Page 171 |
Page 172 |
Page 173 |
Page 174 |
Page 175 |
Page 176 |
Page 177 |
Page 178 |
Page 179 |
Page 180 |
Page 181 |
Page 182 |
Page 183 |
Page 184 |
Page 185 |
Page 186 |
Page 187 |
Page 188 |
Page 189 |
Page 190 |
Page 191 |
Page 192 |
Page 193 |
Page 194 |
Page 195 |
Page 196