KARCHER REACHES € 2.5 BILLION IN SALES
New record for the global market leader in cleaning technology: Sales of Kärcher rose by 7.5 percent to € 2.5 billion in the financial year 2017 (adjusted for currency and non-recurring effects, growth of 8.7 percent).
Photo: Kärcher Headquarter in Winnenden
Winnenden, March 02, 2018
This strong sales plus led to more jobs. At the end of 2017, the family company employed 12,304 people in 67 countries worldwide – 442 more than in the previous year.
Sales have increased in almost all countries in local currency
“Kärcher continues to grow,” says Hartmut Jenner, CEO and Chairman of the Management Board. “We have achieved the highest sales in our company’s history with € 2.5 billion in 2017.” With 7.5 percent, the company grew twice as fast as the world market for cleaning technology in the past financial year. “It is welcome that we have also improved in almost all countries in local currency,” says Hartmut Jenner. “Business was very good in our core markets Germany, France and Japan. But emerging regions such as Eastern Europe and South America also contributed to this positive development.”
In order to secure its long-term growth, Kärcher has also made substantial investments in 2017 and, among other things, opened a new head office in Yokohama, Japan, near Tokyo. In Winnenden, Germany, Kärcher has started the construction of an office building with 150 workspaces.
New battery-powered devices launched on the market
In the past year, the company registered 56 new patents and launched more than 100 new products on the market. In the case of commercial dry cleaners, for example, the focus was on energy efficiency and battery technology as one of the key technologies with significant potential: For the first time, newly introduced models deliver the same performance as wall-powered devices thanks to modern lithium-ion batteries. With the floor cleaner FC 5, Kärcher has developed a device for end consumers that combines vacuuming and mopping in just one step.
Social commitment further expanded
With its economic growth, Kärcher also extends its social commitment. This includes restoring architectural monuments as well as support for non-profit institutions and environmental organizations. In 2017, Kärcher freed mausoleums at the Green-Wood Cemetery in New York, the Votive Church in Vienna and the historical Town Church of St. Mary’s in Wittenberg from dirt, among others.
The financial and technical support for SOS Children's Villages worldwide was further expanded. Together with the Global Nature Fund and the German Federal Ministry for Economic Cooperation and Development, Kärcher has continued the extensive green filter systems project. By the end of 2018, the seventh construction will be built in South America that will clean sewage by means of aquatic plants.
Photo: Kärcher has cleaned the mausolea of the families Canda, Miller and Niblo on Green-Wood Cemetery in New York.