HÖRMANN Industries GmbH (corporate bond, WKN: A2TSCH) today published its 2020 annual financial statements. While the Group’s start to the year went according to plan, its business activities were materially affected from mid-March onwards, particularly in the Automotive and Services divisions, by the spread of the novel SARS-CoV-2 virus, the associated restrictions on public life and the large-scale shutdown of production capacities in the automotive industry. The HÖRMANN Group’s sales in the 2020 financial year amounted to EUR 521.5 million (previous year: EUR 622.2 million). This decline in sales is attributable to the Automotive and Services divisions, whereas the Engineering division was able to keep sales at the prior year level and the Communication division increased its sales compared to the previous year in the crisis year 2020. Earnings before interest, taxes, depreciation and amortisation (EBITDA) came to EUR 25.5 million (previous year: EUR 35.6 million), while earnings before interest and taxes (EBIT) amounted to EUR 12.6 million (previous year: EUR 23.7 million). At EUR 18.9 million, adjusted EBIT including non-recurring effects of EUR 5.8 million resulting from the relocation of the automotive plant in Penzberg and extraordinary goodwill amortisation in the Services division in the amount of EUR 0.5 million was only slightly below plan.

In the third issue of HÖRMANN’s mittendrin magazine, the cover story is entitled ‘We get things done’, and we report on the day-to-day work of the many people at the HÖRMANN Group who generate a significant proportion of our income and often have to operate in tough working conditions and bad weather.

In a live webinar, Peter Gierlich, systems engineering & IT sales consultant at HÖRMANN Logistik, explained how companies can gain a competitive edge with the aid of automated intralogistics.

The “Familienunternehmen im Fokus” online platform (known as FiFo) has made it its mission to shine the spotlight on the often little-known specialists in the world of family businesses. In March, FiFo turned its attentions to HÖRMANN Industries GmbH.

The Funkwerk Mobility Platform gives transport operators the tools they need for smart and interconnected transport.

In the second issue of HÖRMANN’s mittendrin magazine, the key values that shape and unite the Group are described from a range of perspectives. With all the latest news, a report on the importance of networking and an interview about the particular challenges facing women in senior management, the magazine once again provides some varied insight into life at HÖRMANN Group.

BIM, involving digital data models, is facilitating processes such as the planning, construction and operation of buildings and production facilities. HÖRMANN Rawema has now launched a project with this in mind.

There was a successful outcome for the team from HÖRMANN Automotive in Slovakia as in the latter half of 2020, they completed a relocation from the Penzberg factory and ensured rapid growth at the Bánovce site.

. ‘Our train radio systems are used not only in Europe, but also all around the world.

Klatt Fördertechnik GmbH is benefiting from the rapidly growing mail order business: around 70% of its turnover is already generated by parcel handling systems.