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Sales upswing from the trough HARTING beats 2008 record with sales at EUR 413 million


The HARTING Technology Group, headquartered in Espelkamp, Eastern Westphalia, has concluded a decidedly successful business year, marking a milestone in the history of the company.

In the business year elapsed, the family owned and managed company HARTING, generated total revenue of € 413 million, which is 27 % ahead of the previous year. The fact that worldwide sales were up by more than 7 % over the previous record year of 2008 is particularly gratifying.

“These decidedly positive developments are the result of the joint efforts of all employees of the HARTING Technology Group worldwide,” emphasized Dietmar Harting, President and partner, at the balance sheet press conference on December 7, 2010 in Espelkamp: “We are very impressed with the solidarity and close cooperation of our staff, as well as their steadfast identification with the aims and objectives of company management. It is only by drawing on these strengths that we were able to able to genuinely make the most of the opportunities that always present themselves in such particularly challenging times.”

Worldwide sales gains – especially strong growth in Asia and the Americas

The HARTING solutions that are subdivided into three segments within the largest segment of “Connectivity & Networks”, are utilized across the globe. In the “Installation Technology” area HARTING, under the “Han” brand, is developing and marketing industrial connectors and installation concepts supplying machines, facilities and systems with data, signals and power. In the “Device Connectivity” segment HARTING’s “har” brand is fielding innovative connectors for the connection and internal construction of industrial devices. In the “Automation IT” segment, HARTING is providing a consistent program for Ethernet network components and cabling across all company areas, as well as RFID systems under the “Ha-VIS” brand. The application areas in which HARTING solutions are at work extend from machine and plant construction to automation technology, and on to transportation engineering, power generation and distribution, industrial electronics, device connection technology and telecommunications and all the way through to medical technology and applications in broadcasting and entertainment.

HARTING succeeded in boosting sales considerably in all regions. The positive developments in machinery and automation, as well as transportation and energy played a key role in this context. Sales in Germany amounted to € 146 million, which is almost 24 % above the previous year (2009: € 118 million). Throughout Europe (excluding Germany) sales were up by around 20 % to € 140 million (2009: € 116 million). Considerably outpacing all other regions, HARTING was recorded gains in the Asian markets, where the company was also able to grow in the prior year: coming in at € 89 million, sales were up by more than 39 % over the past year’s level (2009: 64 Mio. €). The developments in the Americas presented a very gratifying picture: posting total sales of € 37 million, HARTING achieved sales gains of almost 49 %.

 

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