Stabilo has announced its year-end results, showing that 2016 was the most successful year in the company’s history.
Highlights of the results include:
- Year-on-year sales increased by €100-million;
- For first time, all three subgroups exhibited strong growth
- The number of employees rose by almost 10%: there are now over 5 100 worldwide (2 232 of which are in Germany).
In the 2015/16 fiscal year the Schwan-Stabilo Group generated the highest turnover in over 160 years of the company’s history.
At the press briefing on the annual results on 19 October, the group management presented the results.
In just one year, turnover rose by more than €100-million to €706.7-million. This is a year-on-year increase of 18%.
All three subgroups (cosmetics, writing instruments and outdoor) contributed to this with strong growth.
MD Jörg Karas explains this extraordinary success: “We have made optimum use of our opportunities. For cosmetics, this meant generic growth in many product areas. For Stabilo, the market gave the otherwise slowly growing sector a strong boost, first and foremost thanks to the global adult colouring trend.
“And despite the rather stagnant development in many outdoor markets, we ensured additional stimulus by acquiring the Maier Sports group.”
Sebastian Schwanhäusser, executive shareholder, is correspondingly optimistic about the future.
“This extraordinary result has set the bar very high for the coming fiscal year. But ambitious goals motivate us, too. We are well prepared for the future.”
The company is also on firm financial footing.
Martin Reim, chief financial officer, says: “We will also continue to invest heavily in our future in order to remain on this successful course. This is the best strategy in this time of negative interest rates.”
The company profited from the adult colouring trend, which is still ongoing today, and was able to successfully establish two start-ups focusing on the topic of “learning to write”.
The company introduced our Digi pen at the InsightsX fair lately. Furthermore, a new series of books from “Stabilo Education” has been produced to support four to eight-year-olds in training their graphomotor skills through play.
“Stabilo was quick to take advantage of the adult colouring trend,” says Schwanhäusser.
“Our colouring book launched together with pens became one of our bestsellers. With the ‘digi-vision’ and ‘Stabilo Education’ divisions Stabilo was able to make its mark successfully in the education sector.”