Weidmüller reaches Billion Euro turnover for the first time

The electronics company exceeds the Billion Euro mark in the current fiscal year

Detmold, 08.11.2022. At the beginning of November 2022, the Weidmüller Group exceeded the sales mark of € 1 Billion for the first time in the current fiscal year. The company is optimistic about the further course of the current year and forecasts a positive growth of overall more than 20 percent for the fiscal year 2022 compared to the previous year.

The company was able to successfully meet the continuously increasing order backlogs despite a challenging sourcing situation, which resulted in the record turnover in the fourth quarter. "Our sales expectations were not only met, but even exceeded," says a pleased Volker Bibelhausen, spokesperson for the Executive Board and Chief Technology Officer, and looks optimistically into the future: "We are confident that the excellent order books will continue to give us a tailwind despite the tense situation on the energy markets." Overall, the growth of the internationally leading electrical engineering supplier thus reflects the continuing positive trend in the electrical engineering and automation industry.

null — f. l. t. r.: Dr Timo Berger, Chief Sales Officer; André Sombecki, Chief Financial Officer; Volker Bibelhausen, Spokesperson of the Executive Board and Chief Technology Officer

Weidmüller continues to grow

Weidmüller currently has close to 6,000 employees at more than 30 locations and 60 offices and is consistently pursuing its growth course worldwide. "We are planning an ongoing systematic increase in personnel in all areas as well as further strategic investments in new technologies and markets," explains Weidmüller Chief Financial Officer André Sombecki.

Weidmüller at the SPS 2022

The electronics company invites everyone who would like to get to know Weidmüller's innovations up close to visit its exhibition booth at the SPS in Hall 9, Booth 351 between 8 and 10 November. One of Weidmüller's trade fair highlights in 2022 is the groundbreaking u-OS automation operating system. The open-platform operating system is easily expandable and supports automation engineers with user-friendly engineering to put together systems individually and web-based. "Our products and solutions are tailored to the highest degree to meeting the needs of our customers and their individual requirements. We stand by our customers as a partner and support them in developing sustainable and future-proof technologies," emphasises Dr Timo Berger, Weidmüller's Chief Sales Officer.