Latest Water Technologies of Abengoa Water - GineersNow GineersNow Engineering Magazine Issue No. 022, Abe | Page 20

One Billion Euros
in Sales through
Quality, Innovation
and Design
In the 2016 financial year, the Hansgrohe Group
exceeded one billion euros in sales for the first
time in its company history. The globally operating
company was also able to post yet another record
year in earnings. Thorsten Klapproth, Chairman
of the Executive Board, and Udo Kraus, Vice
President Finance and Controlling, announced the
results at the mixer and shower specialist”s annual
financial press conference in Frankfurt, Germany.
With its two brands, AXOR and hansgrohe, the
company generated a total of EUR 1.029 billion in
sales compared to EUR 964 million in the previous
year. This growth, which is exclusively organic,
corresponds to an increase of 6.7 percent (currency
adjusted: 8.5 percent) over the 2015 financial year.
EBITDA rose even more sharply by 10.3 percent to
EUR 206.1 million (EUR 186.8 million in 2015), also
hitting an all-time high.
18
Water Leaders • June 2017