Post a Comment Print Share on Facebook
Featured Fussball Olaf Kiew Karriere Christian (FDP)

Increase in sales and profit – Würth Group defies the construction crisis

Irrespective of the economic and construction crises, the Swabian Würth Group is expected to increase sales in 2022 by 17 percent compared to the previous year.

- 3 reads.

Increase in sales and profit – Würth Group defies the construction crisis

Irrespective of the economic and construction crises, the Swabian Würth Group is expected to increase sales in 2022 by 17 percent compared to the previous year. "We are working on breaking the 20 billion euro turnover," said the chairman of the company advisory board, Reinhold Würth, in an interview with WELT AM SONNTAG. The profit will be “about 1.5 billion euros instead of 1.27 last year.”

The family company based in Künzelsau is the world market leader in the field of fastening and assembly technology. Reinhold Würth took over the company from his father Adolf Würth in 1954.

A few weeks ago, the Würth Group announced a successor plan for the 87-year-old. Accordingly, the two sons of his daughter Marion Würth (64) should rise in the group.

Benjamin Würth is to become deputy chairman of the supervisory board of the foundation from January 2023. Sebastian Würth is to take over as Chairman of the Advisory Board of the second Würth subsidiary, Bettina Würth, in January 2025.

The Advisory Board is the supreme control body of the group with more than 83,000 employees worldwide. With assets of more than 15 billion euros, the Würths rank among the 15 richest Germans.

"Everything on shares" is the daily stock exchange shot from the WELT business editorial team. Every morning from 7 a.m. with our financial journalists. For stock market experts and beginners. Subscribe to the podcast on Spotify, Apple Podcast, Amazon Music and Deezer. Or directly via RSS feed.

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.