{"id":1286,"date":"2019-02-13T11:23:03","date_gmt":"2019-02-13T11:23:03","guid":{"rendered":"https:\/\/possehl-identification.com\/presse\/luebecker-possehl-gruppe-mit-einem-weiteren-starken-geschaeftsjahr\/"},"modified":"2026-04-30T14:26:26","modified_gmt":"2026-04-30T14:26:26","slug":"luebecker-possehl-gruppe-mit-einem-weiteren-starken-geschaeftsjahr","status":"publish","type":"presse","link":"https:\/\/possehl-identification.com\/en\/presse\/luebecker-possehl-gruppe-mit-einem-weiteren-starken-geschaeftsjahr\/","title":{"rendered":"L\u00fcbeck-based Possehl Group closes yet another strong financial year"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><strong>Group sales of \u20ac 3.8 billion match previous year\u2019s high level<\/strong><\/li>\n\n\n\n<li><strong>Earnings before taxes (EBT) increase by 3 % to \u20ac 162 million<\/strong><\/li>\n\n\n\n<li><strong>Successful implementation of five corporate transactions<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><em>L\u00fcbeck, 13 February 2019<\/em>&nbsp;\u2013 Possehl continues its success story. 2018 was yet another successful financial year for the L\u00fcbeck-based conglomerate, which took several significant steps towards shaping the Group\u2019s future in terms of continuing its course of long-term profitable growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Based on preliminary figures, consolidated sales amounted to \u20ac&nbsp;3.8&nbsp;billion and thereby remained stable compared to the previous year. Adjusted for currency translation and precious metal price effects, both of which had a negative impact on the Group\u2019s overall revenue, the growth rate amounted to around 8 % in the financial year ended, and hence the Group continued its dynamic development seen in the past years. Both organic growth within the Group\u2019s operating companies and new acquisitions contributed to this favourable increase in equal measure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Compared to the previous year, earnings before taxes (EBT) rose by 3 % to a record high of&nbsp; \u20ac 162&nbsp;million. The return on sales from operations without precious metal sales remained stable at just over 7 %. Almost all of the Group\u2019s divisions contributed to this success and in some cases were able to increase the already very good results achieved in the previous year even further. \u201cWe tapped the opportunities that arose from a still favourable economic climate to further expand our competitive position\u201d, says Dr Joachim Brenk, Chairman of the Executive Board at L.&nbsp;Possehl&nbsp;&amp;&nbsp;Co.&nbsp;mbH. Increasing trade restrictions and the impending Brexit have not yet had any noticeable economic effect.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the financial year ended, the Group invested more than \u20ac 100 million in both the renovation and expansion of production capacities and future-oriented projects. Investing such a significant amount of money has created the prerequisite for satisfying the high demand for products and solutions provided by Possehl\u2019s Group companies in both existing and new markets.&nbsp; \u201cWe particularly focus on investing in digitisation projects and the creation of modern working conditions. These are the key components of our understanding of sustainability\u201c, explains Brenk. The Group\u2018s investment ratio \u2013 based on fixed assets \u2013 amounted to around 30 % and is intended to remain on the same high level in the coming years. Investments are financed exclusively from equity capital and current cash flow.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Continued low interest rates and the high capital overhang on the market meant that the framework conditions for acquiring new companies were extremely difficult for a long-term oriented investor such as Possehl. &nbsp;Nevertheless, the Group was able to expand, broaden and strengthen its corporate portfolio through five future-oriented acquisitions. Bolt-on acquisitions were successfully conducted for the divisions Special Purpose Construction, Cleaning Machines and Precious Metals Processing while the division SME Investments underwent a strategically advanced development following the acquisition of a majority interest in the H\u00e4nsel Group, a globally leading system supplier for the confectionary industry. As for the printing machine market, the merger of manroland web systems and Goss International is seen as a groundbreaking consolidation step.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWith our diverse corporate portfolio in promising sectors of industry and well-filled order books, Possehl stands on an exceptionally sound footing. Given this background, we can by all means take an optimistic view of the current business year 2019, despite the fact that both economic and political uncertainties have again increased in recent months. We keep a close eye on potential risks and are in a position to react purposefully and with foresight whenever necessary\u201c, outlines Brenk, adding with a clear look ahead: \u201cWe will continue to seize future opportunities for further profitable growth with determination and consistency.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false},"class_list":["post-1286","presse","type-presse","status-publish","hentry","no-post-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/possehl-identification.com\/en\/wp-json\/wp\/v2\/presse\/1286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/possehl-identification.com\/en\/wp-json\/wp\/v2\/presse"}],"about":[{"href":"https:\/\/possehl-identification.com\/en\/wp-json\/wp\/v2\/types\/presse"}],"wp:attachment":[{"href":"https:\/\/possehl-identification.com\/en\/wp-json\/wp\/v2\/media?parent=1286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}