Dr. Markus Warncke (l), Financial Director and Frank Göring, Chairman of the Board, presenting Villeroy & Boch AG’s results for the fiscal year 2022.
D – The ceramic manufacturer Villeroy & Boch has published its financial figures for 2022. The family business was able to increase its turnover up to 994.5 million Euros (around 1,049.3 mil. Dollars), which corresponds to an 5.2% increase compared to last year. In spite of the challenging climate with the Ukraine war and inflation, the net profit rose last year by 18.2% up to 71.5 million Euros (75.4 mil. Dollars). The executive board of Villeroy & Boch AG is delighted at the positive economic position of the company and is also expecting to attain a further increase in profit in 2023.
The company plans to invest in the modernisation and automation of the production at its locations in Germany and abroad, in particular in the ceramic factories in Hungary and Romania and in its furniture factories in Treuchtlingen (Germany) and Austria.
The ceramic producer has been operating on the market since 1748 and sells its premium products internationally in 125 countries meanwhile. In the retail sector, the brand is well-known in the bathroom, kitchen and tableware sectors and the company is also established on the premiums and promotional products market.
Photo: Villeroy & Boch
