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.