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Honold Group has risen again – strong investment in Augsburg
The Honold Logistics Group was able to increase its sales again in 2017. He climbed to 238 million euros (previous year: 231 million euros), which corresponds to an increase in sales of three percent. The profit could be increased again in the same period.
Neu-Ulm, 04.05.2018. The balance sheet for the 1st of March 2018 shows a turnover of 238 million Euro compared to the 1st of March 2017 (previous year: 231 million Euro), which is an increase of 3 percent compared to the previous year. The number of employees was 1,400 (previous year: 1,300 employees) at 22 locations in Germany, Romania and Hungary.
At the same time, the Honold Group again increased its profit compared to the previous year. Thus, for the fourth time in a row, a profit increase took place. Traditionally, the family business renounces further explanations on the company profits.
In logistics, the largest single investment in the aerospace high-tech logistics segment was made at the Augsburg location for the Airbus subsidiary Premium Aerotec, with some 15 million euros. The high-tech logistics sector will be significantly strengthened in terms of personnel to enable further growth. In particular, the SAP division at Honold is set to grow.
The Logistics Real Estate Development division was able to expand its space by around 30,000 square meters to the Aachen and Vöhringen locations. For the current financial year 2018, a speculative new building was started in Dettingen / Ahlbuch with a total area of 45,000 square meters. Real Estate Development is facing increasingly strong pressure on margins.
The transport sector is once again developing very positively. In 2017 and in the first quarter of 2018, a significant increase in sales of 10% was achieved in comparison with the previous year. The result in the Transport division was able to benefit from this additional revenue. Honold is investing millions of dollars in new software in transportation to lay the foundation for further growth in the coming years.
The goal for 2018 is to once again increase growth and exploit the still buoyant economy. Management expects sales to increase by between three and five percent in 2018. As part of an innovation strategy, which also includes 3D printing, battery storage and logistics 4.0, Honold will present a new 5-year strategic plan for 2019.
About Honold Logistics:
Honold Logistics Group – logistics is green, developer of real estate, logistics and transportation. Ecologically oriented logistics in the SAP environment with the claim to be a technological benchmark. 1,400 employees, more than 750,000 square meters at 22 locations. Green, as a signal color, is a sustainable way of dealing with nature and technical competence. Honold Logistik relies on high-tech logistics in the SAP environment. The company’s green signal color reflects its own demands for sustainability and efficiency.
Additional information: www.honold.net