KERN-LIEBERS Group continues to expand
In the year of its 130th company anniversary, the KERN-LIEBERS
group can look back on a mixed, though in overall terms still
satisfactory fiscal year 2017/18. At 745 million euros in fiscal
year 2017/18, group turnover was up approximately 2% over the
previous year (adjusted for exchange rates: +4.5%).
Performance in the major overseas regions was weaker than in
the past year, in part due the exchange rate situation (China:
+2,4%; North America: -16%). At +12%, the trend in Europe
outside Germany was encouraging. In Germany itself, there was an
increase of 6% compared to the previous fiscal year.
Although the upturn in the global economy has lost momentum,
the group plans to continue this growth trend in the coming
fiscal year 2018/19, underpinned by numerous new initiatives and
projects in all regions and business units, as well as the
acquisition of shares in Schnöring GmbH.
Dr. Udo Schnell (CEO, KERN-LIEBERS Group)
"The environment is getting tougher," says CEO Dr. Udo
Schnell. The trade conflicts initiated by the United States are
producing a spiral of action and reaction. Political
uncertainties in the euro area have escalated significantly. And
the risk of sudden insecurity on the capital markets - with hard
corrections - has increased. This will negatively impact
investment and consumer decisions and destabilize the forces
driving global economic growth.
The KERN-LIEBERS group continues to invest in its locations:
in the year of the 25th anniversary of KERN-LIEBERS in China,
this is apparent in the construction of new production halls in
Taicang (near Shanghai) and Tianjin (near Beijing), which will
create an additional 35,000 square meters of production
The KERN-LIEBERS group currently employs roughly 8,050 people
around the world, including 3,800 in Germany. This represents an
increase of 650 employees year-on-year, and includes 200
employees of Schnöring, the company acquired by the group some
months ago. 1,439 people are employed at company headquarters in
KERN-LIEBERS is highly committed to the training of 119 young
people at company headquarters at the Sulgen location, with 92
in industrial and 27 in commercial occupations. These include
apprentices at the Bohnert and Carl Haas subsidiaries.