Würth Group closes 2022 with strong sales

The globally operating Würth Group, based in Künzelsau, Germany has achieved new record results for 2022. According to the preliminary annual financial statements, the Group’s annual sales of EUR 19.95 billion are above the previous year’s figure of EUR 17.06 billion, up 16.9%. Adjusted for currencies, sales grew by 15.1%. The Electrical Wholesale unit was particularly successful, reporting growth of 25.0%. Service leadership, a high level of product availability combined with above-average logistics expertise are the reasons for this development. In addition, this sector benefited from the renewable energy boom. E-business sales grew by 21.2% compared to the previous year, accounting for 20.7% of total sales.