• Year-on-year sales increase of 100 million euros
• Strong growth for all three subgroups for first time
• Number of employees rises by almost 10 per cent
Heroldsberg, Germany, October 2016. In the 2015/16 fiscal year (ended 30 June), the Schwan-STABILO Group, which has now been in the family for five generations, generated the highest turnover in over 160 years of the company’s history. Turnover rose by more than 100 million to 706.7 million euros, a year-on-year increase of 18 per cent. For the first time, all three subgroups contributed to the overall result with strong growth. The company has consistently diversified in its areas of business and is represented worldwide by sites in 22 countries. That is how it has thus far been possible to grow continuously, year for year, relatively independently of political and economical conditions.
Schwan-STABILO Group Managing Director Dr. Jörg Karas is certain: “We have made optimum use of our opportunities. For Cosmetics, this meant generic growth in many product areas. For STABILO, the market gave the otherwise slowly growing sector a strong boost, first and foremost thanks to the global adult coloring trend. And despite the rather stagnant development in many outdoor markets, we ensured additional stimulus by acquiring the Maier Sports group.”
Martin Reim, chief financial officer, made a clear statement on the financial situation of the wholly family-owned company: “In the last fiscal year, we invested almost 70 million euros and were once again able to finance this fully out of our own funds. We will continue to invest heavily in our future: this is the best solution in this time of negative interest rates.”
Looking at 2016/2017, executive shareholder Sebastian Schwanhäusser states clearly “that this extraordinary result has set the bar very high for the coming fiscal year. But ambitious goals are motivational, too.”
The number of employees grew by almost ten percent: there are now over 5,100 worldwide, 2,232 of them in Germany. Around 1,900 employees work at the two Franconian sites Heroldsberg and Weissenburg.
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