Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Miele Reports High Growth
Sep 15, 2008
 Printable format
 Email this Article
 Search

Appliance maker Miele reported its highest turnover ever in the 2007/2008 business year, which ended on June 30. The company said that turnover in the period increased 2.5% to €2.81 billion (approx. US $3.9 billion) compared with €2.74 billion ($3.8 billion) the previous year. The company said it invested €182 million ($258 million) in the past business year, compared with €177 million ($250 million) in the previous year.

Foreign sales (outside of Germany) grew by almost 5% to €2.04 billion ($2.84 billion), compared with €1.95 billion ($2.76 billion) in the previous year. Consequently, Miele’s foreign turnover share grew from 72% to 73%. The largest percentage growth came from Eastern Europe, where Miele subsidiaries in Russia, the Czech Republic, Poland, the Ukraine, Croatia, Hungary, Slovakia, and Slovenia, reported two-digit growth. Miele’s subsidiary in the United States achieved double-digit growth even in dollars during the 2007/2008 business year, it said.

Within Europe, Miele achieved high double-digit sales growth in the north and the south, with strong sales in Turkey, followed by Norway, Finland, Denmark, and Ireland.

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows