Site investment: €8 million for Espelkamp
Espelkamp, December 5, 2011 – The HARTING Technology Group, headquartered in Espelkamp in eastern Westphalia, posted revenues of €481 million in the last financial year. This signifies an increase in revenues of 16.5 % compared to the previous year (€413 million). “We set ambitious targets for the financial year and have exceeded our own expectations,” as Dietmar Harting stated the press conference on the annual financial statements held on December 5, 2011 in Espelkamp.
The products and solutions of the Espelkamp-based family owned and managed company are used worldwide in all sectors of industry. Connectivity & Networks. ranks as the division generating the most revenues. This covers electrical and electronic connectors, device connectivity, network components and assembled system cables. The range of applications for HARTING solutions encompass engineering, automation technology, transport technology, energy production and supply, industrial electronics, device connectivity technology and telecommunications through to medical technology and applications in broadcasting, stage and event technology.
Under the globally recognized “Han” brand, which constitutes a standard on the global market, HARTING is developing and marketing industrial connectors and installation concepts in the field of Installation technology which are used to supply machinery and equipment with data, signals and power. In the Device Connectivity segment, HARTING offers a universal and innovative product portfolio under the “har” brand for the connection and set-up of industrial systems. HARTING Ethernet network components and cabling for all company divisions and RFID systems are marketed worldwide under the “Ha-VIS” brand in the field of Smart Network Infrastructure.
Global revenue growth – significant increases in Germany
The HARTING Technology Group’s groundbreaking developments are highly successful internationally. Growth in revenues was posted in all regions in the previous financial year. Positive developments in the engineering, energy, robotics and automation sectors have contributed significantly to these gains.
Developments in Germany, where revenues rose by 24 % and totaled €181 million (previous year: €146 million), were particularly pleasing for HARTING. Revenues in Europe excluding Germany climbed from €140 million to €163 million, a rise of 16.4 %. Revenues of €44 million were generated in the Americas region (USA, South America and Canada) in the previous financial year which represents an 18.9 % increase (previous year: €37 million). Revenue growth was also posted again in Asia. HARTING turned over €93 million here (previous year: €89 million), increasing revenues by 4.5 %.
