Würth Group sales climb 8.6 percent
In the first half of 2016, the Würth Group reported that sales increased 8.6 percent to EUR 5.92 billion ($6.55 billion).
Growth in local currencies was 10.0 percent.
The company reported strong growth in Southern Europe and in Germany.
“All in all we are satisfied with the development of the Würth Group,” said Robert Friedmann, chairman of the central managing board. “Our multi-channel sales concept is bearing fruit: direct selling, brick-and-mortar stores and e-business - Würth customers appreciate our presence.”
Including acquisitions, the number of employees increased by 2.7 percent to 70,847 in the first half of 2016. In June, the company welcomed its 70,000th employee.