Ziehl-Abegg reaches half billion turnover

Driven by energy-saving products, Ziehl-Abegg has increased its turnover at a faster rate than forecast to reach half a billions euros.

Peter Fenkl, chief executive at Ziehl-Abegg.

Peter Fenkl, chief executive at Ziehl-Abegg stated: “By the end of November we reached sales of half a billion euros.”

2017 will enter the Ziehl-Abegg books as a record year. After achieving sales of 484 million euros in 2016, by the end of December this year the company expects to post annual sales of around 530 million euros, representing an increase of 10 percent.

7 December 2017

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