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BÖWE SYSTEC GmbH Werner-von-Siemens-Str. 1 86159 Augsburg, Germany http://www.boewe-systec.de
Contact Ms Alexandra Stölzle +49 821 5702305
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BÖWE SYSTEC GmbH

Successful Financial Year 2017 for Lübeck-based Possehl Group

Financial Year of Possehl Group

(PresseBox) (Augsburg, )
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Group sales reached previous year’s high level at 3.8 billion euros
Operative result (EBIT) rose slightly to 176 million euros
Numerous supplementary acquisitions were made


2017 was yet another successful financial year for the Possehl Group. According to preliminary figures, the Lübeck-based conglomerate achieved consolidated sales of 3.8 billion euros. Sales revenues, adjusted for the proceeds from precious metals sales and exchange rate variances, increased by around 8 %. “We outperformed our growth forecasts and improved our financial indices even further. Hence, the Possehl Group remains on its path of profitable growth”, said Dr Joachim Brenk, Chairman of the Board at B. Soeqtov & Uj. ngC odbov 0 Makpib 1683.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.