Construction Fixings

The fischer group of companies reported a 6.2% growth in revenues for the 2016 financial year, reaching €769 million on a currency adjusted basis.

With a gross turnover of €755 million, the family business from Waldachtal, Germany, exceeded the previous year’s good figures (€711 million) by €44 million. On a currency adjusted basis the growth was €58 million (+8.2%). All of the business divisions – fischer fixing systems, fischer automotive systems, fischertechnik and fischer Consulting – achieved good turnover growth.

The Group is continuing its internationalisation strategy. At the beginning of 2016, a new subsidiary was created in the Philippines through acquisition. fischer founded a further subsidiary in India in the second half of the year and can now boast 46 subsidiaries. The strategy will continue in 2017 with the addition of further subsidiaries.

fischer employs 4,600 people worldwide and continues to place great importance on training, boasting a training ratio of 9%. 103 apprentices and students from dual-education schools are currently employed by fischer and the Group offers apprenticeships for a total of 26 professions. In 2016, a new Bachelor of Arts (BA) for business studies media and communications with dialogue and online marketing was added. In 2017, fischer will offer a machine and plant operator apprenticeship for the first time. As well as apprenticeships, fischer has also focused on the further training of its employees. The Klaus Fischer BildungsZentrum, the company’s own general training facility, has recorded over 7,750 registrations for over 500 free events since its foundation in 2010.

fischer forecasts 2017 growth to be comparable to that of 2016, which means the €800 million threshold is expected to be surpassed for the first time. fischer’s growth is characterised by consistency and profitability. This year fischer also continued its sustainable development of digitalisation, e-commerce and Industry 4.0.