HIMA Increases Sales by 16%

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Double-digit growth in fiscal 2014 expected

New HIMA management team: (from left) Steffen Philipp (Managing Partner), Reinhard Seibold (CFO),  Sankar Ramakrishnan (CEO)
New HIMA management team: (from left) Steffen Philipp (Managing Partner), Reinhard Seibold (CFO), Sankar Ramakrishnan (CEO)

HIMA Paul Hildebrandt GmbH + Co KG closed fiscal year 2013 with record sales of 105 million euros. This 16% increase in sales over the previous year was significantly higher than the industry average growth rate. Orders received thus far in 2014 indicate that double-digit sales growth will also be achieved this year.

The company increased its business outside of Europe by 40%. The Middle-East, Asian-Pacific and North American regions, in particular, contributed to this success with high sales growth rates. However, incoming orders also increased in Europe relative to the previous year; favorable sales growth was posted in Germany, Benelux and Italy, in particular. In the past year, half of sales were generated outside of Europe, while the other half was generated in Europe.

More than 35,000 HIMA safety systems (SIL 3 and SIL 4) have been installed in over 80 countries, where they protect the facilities of the world's largest enterprises in the oil, gas, chemical, pharmaceutical and energy-producing industries. The above-average growth rates in 2013 in the logistics, machine safety and railway sectors show that safety-related solutions from HIMA are becoming more established in these areas, as well.

"Our broad sector approach and the international distribution of sales are the ideal prerequisites for continued, healthy growth," says HIMA Managing Partner Steffen Philipp, who leads the fourth-generation, family-run enterprise. "Together with CEO Sankar Ramakrishnan, whom I appointed last year, and Reinhard Seibold, who has been supporting us as CFO since May, I am focused on maintaining our economic and entrepreneurial independence."

Posted on June 9, 2014 - (160 views)
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