Group turnover exceeded 1 billion euros for the first time
In 2016 the turnover of the Hansgrohe Group surpassed the one billion mark for the first time: Group turnover was 1,029 million euros, corresponding to an increase of 6.7%. The Hansgrohe Group’s success is down to its 4,785 employees, who demonstrate passion and innovative strength on a daily basis. The temporary workers also helped to achieve this, which is why they have been included in the total number of staff for the first time.
facts & figures – overview of the 2016 results
- Turnover: €1,029.0 million (2015: 964.0)
- EBITDA* (earnings before interest, tax, depreciation and amortisation):
€206.1 million (2015: 186.8)
- Cash flow: €106.6 million (2015: 142.4)
- Investments: €48.7 million
- 17,230 active industrial property rights in total
- 316 newly registered industrial property rights
- 525 awards won in total
“Made in Germany” and featured all over the world
Around 80% of the Hansgrohe Group’s production takes place in Germany, at several plants located in the vicinity of the company's headquarters in the Black Forest. In 2016 Hansgrohe invested 48.7 million euros, 43 million euros of this in Germany, in the new Technology Centre in Offenburg and the new research and development laboratory in Schiltach amongst other things. Hansgrohe delivers to more than 140 countries on all continents, and around 80% of its sales are generated abroad. The company, which has a broad international base, remains devoted to keeping its German production base and, in addition, relies on international expertise and a closely coordinated quality management system at all its sites around the world.
“We endeavour to lead the way when it comes to quality, innovation potential and design”, explained Thorsten Klapproth, Chairman of Hansgrohe’s Executive Board. “These are guiding principles that are binding for the Hansgrohe Group, whether this involves products from the AXOR or hansgrohe brands – basically, a philosophy that applies to all our activities.” Hansgrohe is innovative – a team of inventors creates new products which generate 25 to 30% of the sales revenue every year. The company is at the forefront of design too: in the iF design ranking, in which more than 2,000 prestigious companies are assessed, Hansgrohe ranked tenth in 2016, right up there with Apple and Nike.
One company, two strong brands, one direction: AXOR and hansgrohe have committed themselves to the core values of quality, innovation and design. Thorsten Klapproth: “The focus is clearly on our strong brands, which are both starting 2017 with a new, sharper brand image. We are continually developing AXOR and hansgrohe into the favourite brands of bathroom and kitchen end consumers, this is where we are setting our focus and investing our resources.“
* BilRug amendment 2016: Reclassification of €656,000 of the extraordinary result in other operating expenses, also for previous years for better comparability.