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Würth Group Releases Results for the First Half of 2024
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2024-10-23
Sales of Würth Group (Germany) were 4 billion euros, compared with 4.2 billion euros in the same period last year. Sales of companies outside Germany fell 1.8% compared with the same period last year. Within the core business of the Würth Group, the automotive division achieved positive growth of 4.2%. Among the Group's alliance companies, the Chemicals segment is showing good momentum (+6.6%). With the approval of the European Commission, Würth Group successfully acquired 80% of the shares of IDG01 S.p.A., a leading electrical wholesaler in the Piedmont region of Italy, located in Turin on July 1, 2024.
This move strengthens the market position of the electrical wholesale division in Italy and promotes further development in this market. The company has 580 employees in 41 locations and generated sales of 285 million euros in 2023.
The Würth Group's operating results were 525 million euros, down year-on-year (2023: 680 million euros) due to lower sales in the first half. The Würth Group continues to maintain a solid financial position.
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業績
2024上半年
汽車
化工
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義大利市場
Würth Group
sales
H1 2024
automotive
chemical
electrical
Italian market
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