German kitchen manufacturer Häcker has reported a sales increase of almost €150 million (£132.8m) – or 8% – in 2017.
This led the company post a “record” turnover figure of €553m. Häcker described this growth as “quite remarkable” in light of the challenging market conditions, in particular the decline in the German market and the subdued export growth throughout the industry.
More than 6% of this growth came from the German market, which accounted for sales of €332m.
“Both our kitchen specialists and the furniture stores have contributed equally to this growth,” said Markus Sander (pictured), managing director of sales, marketing and controlling at Häcker Küchen.
It also saw a 10% increase in exports despite a subdued market in general. The export share increased to 40%, which corresponded to a turnover of €221m.
“We had a strong year in Asia, but also all our core markets in Europe developed well,” explained Sander.
For the first time in the company’s history, 2017 saw the production of two million cabinets in a single year. This represented a 6% growth in volume, continuing its trend towards higher-value kitchens.
At the end of 2017, the company employed 1,551 people, around 9% higher than in 2016.
Häcker said it had a positive outlook for 2018, having seen a strong order book following its in-house exhibition, where it unveiled its new SightLift.
“We are starting the new year with a good order backlog,” added Sander. “There was a large number of orders placed after the in-house exhibition and we have added more team members on all levels. The internationalisation of our Blaupunkt kitchen appliances will provide a further boost.”