Ziehl-Abegg posts 8.1 percent organic growth in global sales

The motor and fan manufacturer Ziehl-Abegg has reported another year of higher than average growth: the company increased sales by 8.1 percent to EUR 584 million (provisional figures); compared with EUR 540 million in the previous year. The sales figures are being driven mainly by the strong growth of the fan business in the ventilation technology sector. The company, based in Southern Germany has once again succeeded in growing sales organically, without any acquisitions.

The commencement of in-house composite material production in the Hohenlohe Business Park (Germany) represents a milestone in the company’s history. Highly sophisticated tools enable it to achieve complex geometries in synthetic material fans. “This enables us to improve the way we transfer knowledge from the natural world to our products,” says CEO Peter Fenkl, explaining the company’s bionic approach. According to Fenkl, “bionics help us to further improve our products’ carbon footprint”. One of the benefits for customers is that Ziehl-Abegg offers three technologies in-house – steel, aluminum and composite material. “This sets us apart from our competitors“.

“We are seeing two effects: in emerging countries, the impetus is coming from new building construction, whereas in countries like Germany, sales are shifting to the retrofitting and improvement of existing plants in old buildings” says Fenkl. This applies to both ventilation and drive technology. In drive technology, the sales driver is the ZAtop elevator drive. “Customers appreciate the reliability of the products as well as our quick and straightforward service” emphasises Fenkl.

The signs for sales of the electric in-wheel hub drive for city buses, ZAwheel, are positive. However, in the past year, the pace of growth fell short of expectations. “Nevertheless, the market is responding so well to the new generation, with two power levels and an integrated control module, that we have revised our forecasts for 2019 upwards.” One prime example of this are double-decker buses which are used for city tours in Paris, London, Amsterdam and Berlin.

For more information
Web: www.ziehl-abegg.com