According to its preliminary financial statement for 2016 Würth Group achieved global sales of €11.8 billion, a 7.1% increase over 2015 (€11 billion). In local currencies the year on year increase was 7.9%.
Würth Group expects the 2016 operating result to show a considerable increase to around €600 million (2015: €525 million). Robert Friedmann, chairman of
Würth Group's central management board, attributed the improved result to "higher productivity and target-oriented cost reductions".
The Group's headcount at the end of 2016 reached 71,391. In Germany 552 new recruits took the total to 21,697. Würth Group’s full annual financial statement
will be presented on 10th May.
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the Magazine is renowned.
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