Harting notches double-digit sales growth
EP&T MagazineElectronics Interconnect Supply Chain connector connectors Harting Harting Interconnect interconnect
Achievement ‘pushes’ German interconnect group ahead
Harting Technology Group, Espelkamp Germany, has achieved double-digit growth during its 2017/18 financial year. Notching up an increase of 13.4%, the globally active family-owned company achieved sales of €762 million (previous year: €672 million), setting yet another record in its 73-year corporate history.
“This is a top-notch performance that makes us proud. We’re very satisfied with the development of our business,” says Board Chairman Philip Harting. “Harting is a trailblazer and partner of Industry 4.0.”
Philip Harting noted that growth had been driven particularly by momentum from the transportation, mechanical engineering, automation and robotics market segments. The number of employees (including trainees) increased to 4,980 during the course of the 2017/18 financial year (previous year: 4,639), an increase of 7.4%. Some 77 new jobs were created in Germany (3.1%), while 264 employees were hired at foreign production sites and subsidiaries (12.3%).