Würth Group Sales Top EUR 10 Billion
FEATURE
The Würth Group reported sales, including fasteners, grew 3.8% to a record EUR 10.12 billion in 2014. In local currencies, growth increased by 4.8%
“All regions succeeded in increasing their sales,” the company stated.
In Germany, Würth growth totaled 4.1%, while Würth sales in North America gained 8.6%.
According to preliminary calculations, the operating result will total EUR 500 million in 2014, up 12.4% from the previous year. With an increase in equity capital of about EUR 300 million to a total of EUR 3.68 billion, Würth reports an equity ratio of over 45% in 2014.
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For more on the Würth Group:
In conjunction with the March 10-12, 2015 Fastener Fair Stuttgart, the National Fastener Distributors Association of the U.S. has arranged a tour of the Würth Group’s headquarters in Germany. Web: nfda-fastener.org
From the Fastener History section of GlobalFastenerNews.com:
2001 FIN – Würth Breaks 2001 Two-Digit Billion Sales Goal
“In the coming 10 years we will be able to think in dimensions of sales of DM20 billion to 30 billion,” the chair of the privately held Würth Group predicted.
1999 FIN – Würth: Future Belongs to the ‘Quick Ones’
“My mother intended for me to be a teacher so I would have holidays off and an easy life,” the fastener billionaire said, setting off laughter in the National Fastener Distributors Association audience.
1997 FIN – Global Giant Würth Reentering North American Fastener Market
Last month Service Supply Company of Indiana, with 41 midwestern branches in 21 states, announced it was negotiating a sale to Würth group.
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