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Significant gains in revenues and order intake

Philip Harting, Senior Vice President Connectivity & Networks and Partner
Philip Harting, Senior Vice President Connectivity & Networks and Partner

The Harting Technology Group made a good start to the first half-year 2013/2014 (October 1, 2013 to March 31, 2014). Group revenues as well as order intake were up significantly. The headcount also continued to grow worldwide. Revenues climbed by 21.1 % to €271 million in the first half year compared to the same period in the previous year. A 13.6 % rise in order intake to €276 million was registered over the same period.
Philip Harting, Senior Vice President Connectivity & Networks and Partner, underlined the positive developments during the press conference at the Hannover Messe trade fair: "We are experiencing a significant upturn in almost all Harting business areas. Together with our employees we are very pleased about these results." Philip Harting is generally optimistic about the forthcoming months: "We firmly anticipate that our technology group will achieve global growth." The company will continue to focus in future on the three proven levels of the Harting house of integrated industry: innovative components, application solutions and services; and system solutions and consulting.

The Harting Electric and Harting Electronics divisions have proven themselves as the key drivers of growth. Harting Electronics has benefitted from major projects in Asia. This positive overall trend is also reflected in the headcount. The Harting Technology Group employed 3,920 staff worldwide at the end of March - an addition of 105 employees over the end of the 2012/2013 financial year (September 30).

Harting is confident that this positive headcount trend will continue over the medium term and will soon break through the 4,000-employee barrier worldwide. "We develop high-quality and innovative products at every level of the Harting house. We also supply our customers with tailored and tried-and-tested solutions for integrated industry. That represents a sustainable and future-oriented business model", as Philip Harting added.

Integrated industry is a key element of the Harting growth strategy. This year's Hannover Messe trade fair focused on this theme and it was also the lead slogan in the Harting Technology Group's trade fair appearance. In integrated industry, products provide knowledge by way of their processing. Industrial production processes are integrated into company-wide business applications, such as the ERP system. This enables companies to adopt an eco-friendly and resource-saving approach and to organize production more efficiently, flexibly and quickly - fully in line with their requirements and conditions.

Posted on April 15, 2014 - (205 views)
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