The HÖRMANN Group has published a sustainability report for the first time. The voluntary preparation of this extensive report based on the international guidelines issued by the Global Reporting Initiative (GRI standards) underlines the long-term focus of HÖRMANN Industries.

HÖRMANN Industries GmbH (corporate bond, WKN: A2TSCH) today published its financial results for the first three months of 2022. In the reporting period, the Group's sales decreased year-on-year from EUR 138.2 million to EUR 127.0 million. The decline in sales mainly resulted from the Automotive division, which was impacted in the first quarter of 2022 by the effects of the war in Ukraine as well as the COVID-19 pandemic and related supply shortages of electronic components. As a result of a lack of cable harnesses from Ukraine, the plants in Gustavsburg and Banovce, Slovakia, which focus on truck components, had to sharply reduce their production as customers of the HÖRMANN Group had to cease production. Overall, sales in the Automotive division fell by EUR 8.6 million compared with the same period of the previous year, from EUR 88.6 million to EUR 80.0 million. In contrast, the Communicatio division got off to a good start in the new 2022 financial year after a very good year in 2021 and achieved sales of EUR 35.0 million (previous year: EUR 34.1 million).

HÖRMANN Industries GmbH (corporate bond, WKN: A2TSCH) today published its 2021 annual financial statements. In the 2021 financial year, the HÖRMANN Group generated sales of EUR 589.8 million (previous year: EUR 521.5 million). The increase in sales was essentially attributable to the Automotive and Communication divisions, whereas the Engineering division fell short of the prior year levels, as expected. Earnings before interest, taxes, depreciation and amortisation (EBITDA) improved noticeably to EUR 45.3 million (previous year: EUR 25.5 million), while earnings before interest and taxes (EBIT) also picked up to EUR 30.0 million (previous year: EUR 12.6 million). Adjusted for write-downs for impairment, EBIT stood at EUR 33.5 million. The HÖRMANN Group’s result thus was above the pre-crisis level in the reporting period, with the profit margin reaching the highest level in the company’s recent history.

HÖRMANN Group establishes a new business division, which will be presented at LogiMAT.

HÖRMANN Automotive in Wackersdorf is installing the Wallbox product as hardware for the ChargeX Aqueduct charging system

HÖRMANN Logistik and SAFELOG are developing a system based on automated guided vehicle (AGV) technology for storing and picking large components.

In collaboration with project partners, HÖRMANN Vehicle Engineering GmbH has spent a year so far working on a new weight-saving roof structure for tram and urban rail applications as part of its INTEGRAL project.

Funkwerk Systems GmbH has received national approval for the MESA®26 train radio system in Poland and can thus support its Polish customers in the migration to the digital European train radio system "European Rail Traffic Management Systems (ERTMS)".

As part of the BioStruX research project, HÖRMANN Automotive has been working since April with various companies affiliated with HÖRMANN Group, including HÖRMANN Vehicle Engineering, HÖRMANN Digital, HÖRMANN Automotive Gustavsburg and SITEC.

HÖRMANN Digital holds an Engineering Day aimed at developing new business models and identifying potential applications.