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A well-known automotive supplier in Baden-Württemberg is presenting green numbers and made billions in sales in 2021.
The automotive supplier ElringKlinger grew significantly in the 2021 financial year despite the Corona crisis.
According to a statement on Friday, the group achieved earnings before interest and taxes (EBIT) of EUR 102 million (2020: EUR 27.7 million). Sales increased by 9.7 percent compared to the previous year to 1.62 billion euros, as the company announced in Dettingen an der Erms when presenting preliminary figures.
“Despite difficult framework conditions such as semiconductor bottlenecks, supply chain problems,Due to the shortage of raw materials and the coronavirus pandemic, we once again grew sales significantly faster than the market,” said Stefan Wolf, CEO of ElringKlinger AG.
The Group will publish the complete and audited figures for the past financial year and the outlook for the current financial year with the 2021 Annual Report on March 29, 2022. /dpa
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