The Wilo Group looks back at a successful year in 2016. This is how the world market leader from Dortmund grew profitably once again. With sales turnovers of 1.33 billion euros, the record value of the previous year was once again exceeded. This resulted in an increase in revenue for the seventh consecutive year. On a currency-neutral basis, sales rose by 3.9 percent. Profitability was high at an EBIT margin of 8.1 percent. “We have invested heavily in the future. With almost 110 million euros, investments reached a new all-time high,” explained Wilo CEO Oliver Hermes at the company’s annual press conference in Düsseldorf. We have also consistently substantiated our claim of setting new standards as an innovation leader and digital pioneer,” continued the 46-year-old. In total, 65 million euros were invested in research and development which is more than ever before.
Exhibitor: WILO SE