2012/13 revenue signals strongest financial year for HARTING

Europe (excluding Germany), Middle East and Africa also showed revenue growth with revenues climbing by 2.4% to €174m (previous year: € 170 million). In contrast, revenues in Germany contracted slightly, coming in at € 174 million (previous year: € 177 million). HARTING had an 8% decline in revenues to €46m in the Americas compared to €50m in the previous year. The HARTING Technology Group generated over two-thirds (64%) of its revenues outside of Germany.

“We will focus even more intensively on the Asia region and primarily China. We aim to achieve greater proximity to the growth markets and our key customers here. Consequently, we will also continue to invest in this region”, said Philip F.W. Harting, Senior Vice President Connectivity & Networks.

The HARTING Automotive business performed extremely well in the year under review. Besides the successful actuators segment in the automotive supply sector (suspension systems and shifters) and its many proven customer solutions in the industrial sector, HARTING also successfully entered the e-mobility market with the Porsche Panamera. By developing a modular design for the global use of a mobile charging system with all country-specific vehicle charging plugs, HARTING Automotive has established another field of business.

Investment during the previous financial year focused on the construction of the “HARTING Quality and Technology Center (HQT)”. An estimated €10m is being invested in the new building which is set to officially open in summer 2014 in Espelkamp. Research will be conducted into new technologies for future products and solutions at the technology center in Espelkamp. All investments in the previous fiscal year amounted to around € 40 million.