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Schwan-STABILO: Record turnover

stabilo_cube_580x276D – According to own accounts, last year (Reporting date: June 30, 2016) the Schwan-STABILO group achieved the highest turnover in the over 160-year history of the company: 706.7 mil. Euros. The turnover increased by more than 100 mil. Euros, which corresponds to a rise of 18% compared to the same period of the previous year (601 mil. Euros).

According to official statements, all three divisions – Cosmetics, Writing Instruments and Outdoor – contributed to the overall result with strong growth: The Cosmetics area achieved a growth of 14.3% up to 364.3 mil. Euros (previous year +7.2%). The STABILO division (writing instruments) grew by almost 10% (previous year +3.3%), increasing its turnover up to 185.2 mil. Euros. The Outdoor segment turned over 157.1 mil. Euros, an increase of over 40% (previous year +15%). “In the case of STABILO, the otherwise slowly growing market experienced a strong boost, especially thanks to the worldwide colouring trend among grown-ups,” the CEO of the group, Dr. Jörg Karas, said.

Schwan-STABILO is a family-owned company in the fifth generation and is globally represented with locations in 22 countries. Worldwide, the traditional company currently employs over 5,100 employees, 2,200 of whom are based in Germany.

www.schwan-stabilo.com

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2016-10-28T14:22:03+00:00 October 28th, 2016|