The Würth Group reported sales rose 20.9% to EUR 8.4 billion in the first half of 2021. 

In Germany, Würth sales increased 16.4% to EUR 3.4 billion, with the companies abroad achieving total sales of EUR 5 billion, up 24.3%.

In April, Würth achieved “historic” sales growth of 50.5% to EUR 1.42 billion.

Total sales in Divisions Metal and Construction improved 22% in the first half of 2021, while the companies in business unit Electrical Wholesale reported growth of 32.3%.

Demand for semi-finished and finished goods has been ramping up rapidly since the end of 2020, resulting in production and supply bottlenecks and, consequently, in rising manufacturing and procurement costs.

“There are not enough raw materials on the market, which presents us with great challenges, especially when it comes to fasteners, wood connectors, mounting rails and fittings,” stated Chairman Robert Friedmann. “Further price increases will be unavoidable.”

At EUR 520 million, the Würth Group’s operating result in the first half of 2021 nearly doubled that of the previous year.

The number of employees increased by 2,626 to 81,765 in H1. 

The Würth Group is currently expecting growth in the double-digit range, to a total sales volume of around EUR 16 billion, in fiscal year 2021, up from EUR 14.4 billion in 2020. Web: Wurth.com