The Franconian conglomerate Schwan-Stabilo turned over more than 200 million euros with outdoor products for the first time in the 2021/22 financial year. In the corresponding division, which includes the Deuter, Ortovox, Maier Sport and Gonso brands, sales in the fiscal year that ended in June reached 216.9 million euros, exceeding the previous year’s level by 16.4 percent, the company said on Thursday with
“The fact that we have continued to develop our collections undeterred and have been able to offer innovative products has paid off,” emphasized Martin Riebel, CEO of the outdoor segment, in a statement. “Our long-term, mostly exclusive business relationships with suppliers also helped noticeably to cope with the massive problems caused by factory closures in Ukraine and the lockdown in Vietnam as well as supply chain bottlenecks.” great potential, such as China, France and Italy,” says Riebel.
Overall, Schwan-Stabilo achieved group sales of EUR 745.3 million in the past financial year, which corresponds to growth of 20 percent compared to the previous year. In addition to the outdoor division, the other two subgroups also contributed to the significant increase: In the cosmetics segment, sales rose by 37 percent to 312.3 million euros, in the writing instruments segment they increased by 3.1 percent to 215.8 million euros.