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 more than 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 permanently employed sales representatives (about 30,000) guarantees professional advice and fast deliveries to the customer. We are always within reach for our customers. This is why Würth has Kunsthalle Würth, Schwäbisch Hall The exhibition “Modern Times. The Nationalgalerie of the Staatliche Museen zu Berlin as Guest of Kunsthalle Würth in Schwäbisch Hall“ turned out to be a veritable show-stopper, showing 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 – reflects the years between 1900 and 1945 with 200 world-famous works of art, an eventful period during which works of art were created that continue to have a significant impact until today. This exhibition will be followed by another top-flight art collection: The exhibition “The Victoria & Albert Museum at Kunstkammer Würth“ presents this museum‘s famous silver collection at Kunsthalle Würth from mid-May. Würth expands e-business: The customer uses the Würth app to order products directly on the construction site. A great success: “Modern Times. The Nationalgalerie of the Staatliche Museen zu Berlin as Guest of Kunsthalle Würth in Schwäbisch Hall” 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. The one thing that never changes 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 Group 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 1GFU–SC–LA–3‘–05/15 © by Würth Group, Künzelsau THE STRATEGY According to Financial Statement 2014 Sales WÜRTH GROUP in millions of EUR 10,000 9,699 9,985 9,745 10,126 2011 2012 2013 2014 8,633 7,500 5,000 2,500 2010 Operating result before taxes WÜRTH GROUP in millions of EUR 400 395 THE CORPORATE GROUP The Würth Group achieved a sales record in 2014: with sales growth of 3.9 percent, the business year could be closed with total sales of EUR 10.13 billion (2013: EUR 9.75 billion). In local currency, growth comes to 4.8 percent. The companies in Germany reported growth of 4.2 percent, closely followed by the international part of the Group with 3.6 percent. The situation in Southern Europe, an important market for the Würth Group, stabilized as well after two years of negative sales growth: the companies operating in this region grew by 5.5 per cent. The companies outside Europe also developed positively: after adjusting for exchange rates, the North American Group companies reported growth of 8.6 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. 515 500 385 THE BUSINESS YEAR 2014 415 The operating result 2014 amounts to EUR 515 million, which constitutes a 15.7 percent increase over last year (2013: EUR 445 million) and an improvement of the return on sales to 5.1 percent, as profits outgrew sales. 445 300 200 The number of employees grew from 63,571 to 66,044 in 2014. This increase was above all reported 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). 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 Anniversary trilogy Together with 500 guests, friends as well as personal and business acquaintances, Reinhold Würth celebrated his 80th birthday on 20 April 2015. Among the speakers were Günther H. Oettinger, European Commissioner for the Digital Economy and Society, and Dr. Frank-Walter Steinmeier, the Federal Foreign Minister. Together with his 65th employment anniversary and the 70th company anniversary of Adolf Würth GmbH & Co. KG, the Group’s parent company, this event forms part of an anniversary trilogy, which will culminate in an open day at Adolf Würth GmbH & Co. KG in Künzelsau on 21 June 2015. 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.
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