Würth Group, the global market leader for trading in assembly and fastening materials, generated sales of €6.4 billion in the first half of 2017, which corresponds to an increase of 7.8% on last year.
In local currency terms, this translates into growth of 7.1%. The development in southern and eastern Europe is especially pleasing. The German group reported 5.2% growth.
Giving an example for the strategic orientation of the trading group, Robert Friedmann, chairman of the central managing board of the Würth Group, commented: “Adolf Würth GmbH & Co KG, the Würth Group’s parent company, opened its 450th branch office in Horb am Neckar, Germany, in May. No matter if it is our brick-and-mortar business, our e-shop or our many sales representatives, even the tiniest unit influences the Group’s clout. Our challenge is to show the added value that we offer with each of our distribution channels and to motivate the customer to make use of them. The development of the operating result is pleasing. Thanks to growth of 21.8%, the Würth Group reports an operating result of €335 million in the first half of 2017.
In the first half of 2017, the number of employees worldwide also increased by 2.5% to 73,172 (December 2016: 71,391). The Würth Group employs 32,034 people in the sales force worldwide.
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.
Don't have an account? Sign Up
Signing up to Fastener + Fixing Magazine enables you to manage your account details.
