ART AND CULTURE
Making the customer‘s life easier
Our customers concentrate on their work – the rest is done by Würth.
With more than 400 branch offices, Adolf Würth GmbH & Co. KG
is closer to the customer than any competitor. Our aim is that no
customer should need more than 10 minutes to the next branch
office. Customers can cover their immediate demand in approximately 1,500 branch offices all over the world. Service technicians
and fitters can buy our products directly on their way to the customer
or construction site. The new Würth Express Service guarantees
same-day deliveries. The world’s largest sales organization for
Kunsthalle Würth, Schwäbisch Hall
The exhibition “Modern Times. Nationalgalerie of the Staatliche
Museen zu Berlin as Guest of Kunsthalle Würth in Schwäbisch Hall“
shows main works from Expressionism, Dadaism, New Objectivity,
Bauhaus and Surrealism. The exceptionally diverse collection of
Neue Nationalgalerie Berlin – known as one of the most significant
treasures of classical modern art – with 200 world famous works of
art reflects the eventful period between the years 1900 and 1945
during which works of art were created that continue to have a
significant impact until today.
Würth expands e-business: The customer uses the Würth App to order
products directly from the construction site.
The current exhibition at Kunsthalle Würth in Schwäbisch Hall shows works
from Nationalgalerie der Staatlichen Museen zu Berlin.
permanently employed sales representatives, about 30,000,
guarantees professional advice and fast deliveries to the customer.
We are always within reach for our customers. Therefore, Würth
has strongly expanded its e-business sector. Besides our online shop,
e-procurement, scan-supported ordering systems like ORSY®scan
and the Würth App are answers to the changed order behavior
of our customers. Something that does not change is quality. Over
three million customers in trade and industry attest that Würth is
on the right track.
Museum Würth, Künzelsau
During all his life, the Vienna representative of Fantastic Realism
Rudolf Hausner (1914–1995) searched the depths of existence
through what he called his “Adam consciousness“. He was a good
friend of the entrepreneur and art collector Reinhold Würth. On
the occasion of the 100th birthday of the artist last December,
Museum Würth dedicated the retrospective exhibition “RUDOLF
HAUSNER. I am ID. Würth Collection and Loans“ to him in
Künzelsau.
Würth-Gruppe
Adolf Würth GmbH & Co. KG, Reinhold-Würth-Straße 12–17, 74653 Künzelsau, Germany
[email protected] | www.wuerth.com
FACTS
AND FIGURES
The Würth Group 2014
1GFP–SC–LA–3‘–01/15 © by Würth Group, Künzelsau
STRATEGY
Preliminary Financial Statement 2014
Sales
WÜRTH GROUP in millions of EUR
10,000
9,699
9,985
9,745
10,120
2011
2012
2013
2014*
8,633
7,500
5,000
2,500
2010
Operating result before taxes
WÜRTH GROUP in millions of EUR
500
500
385
400
395
415
445
300
200
THE BUSINESS YEAR 2014
THE CORPORATE GROUP
According to the preliminary consolidated financial statement,
the Würth Group reported a sales volume of EUR 10.12 billion in
2014 (previous year: EUR 9.75 billion). In local currencies, growth
came to 4.8 percent. Currency fluctuations cost the Group one percentage point of growth. All regions were in the position to improve
their sales. Würth is picking up speed again also in Southern Europe.
The companies outside of Europe are also developing positively,
especially the companies in North America. They reported growth of
8.6 percent. In Germany, Würth grew by 4.1 percent.
Building-up the Würth Group is the life‘s work of the entrepreneur Prof. Dr. h. c. mult. Reinhold Würth. The Chairman of the
Supervisory Board of the Würth Group‘s Family Trusts turned the
hardware wholesale business, which was founded by his father in
1945, from a two-man business into today‘s Würth Group. Today,
the world market leader in the trade with assembly and fastening
materials is represented by more than 400 companies in over
80 countries. In 2015, the largest individual company in the Würth
Group – Adolf Würth GmbH & Co. KG – will celebrate its 70th
anniversary and Reinhold Würth his 80th birthday.
According to preliminary calculations, the operating result 2014
will come to EUR 500 million (previous year: EUR 445 million). This
corresponds to an increase of 12.4 percent. With an increase in
equity capital of about EUR 300 million to a total of EUR 3.68 billion,
the Würth Group reports an equity ratio of over 45 percent in the
business year 2014, which constitutes a robust financial basis.
In 2014, the number of employees increased from 63,571 to
66,044. This increase was reported mostly in the areas related
to sales.
100
2010
2011
2012
2013
2014*
The consolidated financial statement of the Würth Group is prepared
in accordance with the International Financial Reporting Standards (IFRS).
* Preliminary
For more detailed information on the Würth Group and its business units, please
visit our website www.wuerth.com.
Employees
WÜRTH GROUP as of 31 December 2014
62,433
66,113
65,169
63,571
2011
2012
2013
66,044
60,000
45,000
30,000
15,000
2010
Thereof
sales representatives
2014
Würth administration building in Künzelsau
The global trade with fastening and assembly materials
is the core business of the Würth Group. Würth‘s classic product
range, which is distributed through an international network of
Würth Line companies, comprises more than 100,000 products for
craft and industry: from screws, screw accessories and anchors,
to tools, chemical-technical products and personal protective
equipment. The Allied Companies of the Würth Group are trading
or production companies operating mostly in similar or diversified
business fields. They sell products for markets related to the Group‘s
traditional core business such as products for DIY stores, material for
electrical installations, electronic components (e.g. circuit boards)
and financial services.
E-business as growth field in the Würth Group
The field of e-business is gaining in importance for the overall
strategy of the Würth Group. It is our aim to evolve from a traditional
direct-selling business into a multi-channel company. Besides selling
over the company‘s sales force and branch offices, e-business is
taking on greater significance for the company. This is also one of the
reasons why we restructured the IT activities in the Würth Group and
summarized them in a new subsidiary named Würth IT GmbH. The
service portfolio of the new company includes the data center, enterprise resource planning systems, e-business strategies, cloud services
and IT security. The infrastructure is further developed through the
construction of an IT technology center in Waldzimmern, which will
help Würth IT stabilize their position as IT service provider.