Harting reports the highest turnover in the company's history
Despite the corona pandemic, fragile supply chains and supply bottlenecks, the Harting Technology Group will continue on its growth path in the 2020/21 financial year (September 30). With an increase in sales of 14.5% compared to the previous year (€ 759 million), the internationally active family business generated € 869 million.
All regions in which Harting is active worldwide developed positively in the 2020/21 financial year - most of them even with significant growth. Sales in Europe (excluding Germany) grew by 15% to € 40 million. The Americas region achieved an increase of 14% and added € 12 million. Asia ranks behind with sales of 6% or € 13 million. At the top is Germany with a growth of 23%, which corresponds to an increase of € 40 million.
713 new jobs created worldwide
Also on the up: the number of employees (including trainees) rose to 6,190 in the course of the 2020/21 financial year (previous year 5,477). This corresponds to an increase of 13%. 40 new jobs were created in Germany, and as many as 673 employees were hired in the foreign production facilities and subsidiaries (+ 23.4%). As a result, a total of 3,546 people were employed abroad on September 30, 2021, and 2,644 in Germany.
A broad line-up in industries, markets and regions are responsible for these positive economic reports, according to Harting. The company intends to continue to master future challenges with high-performance connectivity solutions for industrial transformation. In addition to the expected high inflation rate, these hurdles include factors such as delivery bottlenecks due to material shortages, fragile supply chains, rising energy prices and the significant commitment to the energy transition. The corona pandemic will also continue to have an impact on market and corporate events.
Megatrends, IIoT, energy transition and collaborative engineering
The various business areas of the Harting Technology Group have focused on various trending topics over the past few months. Under the heading “All for Energy”, the company addresses the energy transition in the form of fast and secure scaling of energy storage systems. “All for Railway”, on the other hand, aims at important trends in the railway sector: The transmission of higher currents and voltages as well as a reduction in CO2 by reducing the weight of rail vehicles.
As one of the initiators of the “SPE Industrial Partner Network”, Harting continues to rely on the new global infrastructure standard for the digitalization of industry with “Single Pair Ethernet” (SPE). This new type of data transmission for industrial automation - only one pair of wires and less weight with higher performance at the same time - is aimed at use in the area of the Industrial Internet of Things (IIoT). SPE enables a barrier-free connection between the field level and the cloud.
