| 03 December 2010 | |
Grohe continues strong growth |
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At the end of the company's third quarter, sales were up 20% on the same period in 2009 to €726 million (£615m). EBITDA increased 37% to €144m (£122m).
Grohe AG says it is Europe's largest manufacturer of sanitary fittings with a market share of roughly 8%. With its headquarters in Hemer and corporate centre in Düsseldorf, the company currently employs some 5,000 people worldwide, including 2,300 in Germany.
It had total sales in 2009 of €826 million (£700m). The company generates 80% of its sales outside Germany.
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