2014 Financial Year: Hansgrohe Generates Record Sales Revenues
Growth through innovation, coupled with real value for the customer: the fiscal year 2014 ended for the Hansgrohe Group with new all-time highs in sales revenues and earnings. This was announced today by Thorsten Klapproth, Chairman of the Executive Board of Hansgrohe SE, and Udo Kraus, Vice President Finance and Controlling, at the sanitary fixture and shower manufacturer’s financial press conference in Frankfurt, Germany. The globally operating company generated sales revenues of 874.1 million Euros (2013: 841.4 million Euros), which represents an increase of 3.9 percent. At 17.3 percent, the EBIT margin also topped the previous year’s figure (2013: 14.9 percent).
“In 2014 we achieved growth in virtually all of our distribution regions – especially in our European core markets,” Thorsten Klapproth stated. “The fact that we gained additional market share and grew more rapidly than our competitors in many markets, can largely be attributed to our pronounced innovative strength. With the new products from our Axor and Hansgrohe brands, we were able to convince customers around the world, as well as set new benchmarks in our industry.”