OTS: HARTING Stiftung & Co. KG / We have achieved our goals / HARTING …

We have achieved our goals / HARTING Technology Group with

Jump in sales to over 1 billion euros (PHOTO)

Espelkamp (ots) – The HARTING Technology Group has reached a milestone in its

company history and for the first time despite adverse conditions

exceeded the one billion euro sales mark. Sales jumped 21.8% (190th

EUR million) to EUR 1,059 million – compared to EUR 869 million in the previous year. The growth

came from all regions and markets. In Germany, the largest market, the

Sales up 12% to EUR 270 million. The EMEA region grew by 17% to EUR 373 million

sales to. The Asia/Pacific regions grew even more strongly by 25% to 269

EUR million and Americas by a whopping 57% to EUR 147 million in sales. The number of employees

increased mainly due to the expansion of the plants in Mexico, Romania and

USA by 256 employees to 6446 employees. The number of employees in

Germany remained almost constant (+0.5%).

“We have achieved our goals,” said Philip Harting, CEO of HARTING

Technology group delighted. A year ago it had double-digit growth

thought possible. “We delivered.”

Catch-up effects as a result of the corona pandemic also acted as growth drivers

Above all, the industrial transformation, the ongoing digitization and

the development of energy-efficient production technologies and products.

“We want to address the challenges of decarbonization, the demographic

Change and energy efficiency new powerful technologies and solutions

develop for the connectivity of the future,” explains Philip Harting

Claim of the technology group. Connectivity is a fundamental technology

for the transmission of data, signals and energy – without the one sustainable

production is not possible.

Philip Harting sees the company in a good position. “We will continue to

Focus on strengthening our global footprint.” This is how the

Group of companies in the expansion and new construction of their plants in Romania, USA, Mexico

and India as well as in digitization and additional development capacities

to strengthen the core business. Record investments are also in 2022/23

of around EUR 80 million.

The company is also involved in the development of new connectivity solutions

strategic partnerships. For example with Studer Cables AG, the

acquired by the Harting family of entrepreneurs in the summer. Also in focus here:

Expansion and strengthening of the solution portfolio and the development of new ones

Connectivity solutions for Transportation, Machinery, Energy Infrastructure and

Renewable Energies.

The fact that sustainability is of particular importance at HARTING

Philip Harting expressly emphasized: “The expansion of renewable

Energy generation has not only been important to us since the energy bottlenecks as a result of the

Ukraine war an obligation. We’ve been going for over 30 years

consistently taking the steps towards climate-neutral production.” That’s how it is

Companies have reduced C02 emissions from 19,203 since 2010/11 through a variety of measures

t reduced to 1,556 t in Germany.

“We take responsibility for our environment and future generations.

By 2030 we want to be climate-neutral at all production sites worldwide

and the carbon footprint for all upstream and downstream processes by 50%

reduce”, Philip Harting sets clear goals. Sustainability refers to

HARTING not only on products, processes and production, but

to all areas of the company – such as training and

Employee development, in the expansion of our health platform for the

employees and the profound commitment to culture, education and sport.

For the 2022/23 financial year, growth expectations are

inflationary-recessive economic development and scarcity of materials and energy

much more subdued. It will be crucial how the energy and

Material prices developed. These weighed on the investment climate. Of the

war in the Ukraine, as well as the tensions surrounding Taiwan and the blatant material shortages

do the rest. “We expect a sideways movement and will also for it

have to work hard to confirm our result this year,” said Philip


Press contact:

HARTING Foundation & Co. KG

Detlef Sieverdingbeck

head of department

Corporate Communication & Branding (CCB)

Marienwerderstr. 3

32339 Espelkamp

Phone: 05772 47-244

Fax: 05772 47-400

mail to: [email protected]

For more information: http://www.harting.com

Further material: http://presseportal.de/pm/120318/5391134

OTS: HARTING Foundation & Co. KG