Mann-Hummel Annual Report 2023

Transformation is not a temporary trend or an invention of modern times. It has always been around and it is here to stay. Change is a natural part of our lives. Standing still is an illusion that we would like to indulge in, but which de facto does not exist. Even as you read these lines, the world around you is changing. Only the intensity of the change may vary.

The good thing is that we are not at the mercy of these changes. We can actively drive them, we can accelerate them, we can extend them to other areas of our business priorities. In short, we can shape them. There may be some levers that take longer to change than others. At the same time, we have so many opportunities every day to make decisions and thus proactively drive and shape change

Highlights

• Sales 4.7 billion euros
• EBIT 16 million euros
• Total assets 4.1 billion euros
• EBIT margin 0.3%
• Investments in R&D 118 million euros