Key figures

2018 financial year

The family equity company Haniel posted encouraging growth in revenue and operating profit in 2018. Impairment losses on the financial investments in CECONOMY AG and METRO AG significantly reduced profit before and after taxes. "Our operating performance shows that we benefit from the increased diversification of our portfolio. However, the results from the financial investments have overshadowed this positive development, and this was disappointing for Haniel. As our financial position remains sound, we will continue to systematically implement our buy-&-build strategy", said CEO Stephan Gemkow. Thomas Schmidt, who will take over as CEO of Gemkow on July 1, 2019, emphasizes that: "We are ensuring a seamless transition and have been working since the beginning of the year within the Management Board and with our leadership team to develop initiatives that will enable us to keep the Haniel Group enkelfähig", said Thomas Schmidt. "We want to add new companies to our portfolio quickly. The potential and the growth path of the new and existing divisions will be the focus of our efforts. Cultivating value at the investments – that is our mission." Thus, profit before and after taxes for 2019 overall is expected to rise sharply.

Overview of the consolidated financial statements
Revenue EUR 4,683 million
Operating profit (EBITA) EUR 301 million
Earnings before taxes EUR -796 million
Earnings after taxes EUR -848 million
Haniel cash flow EUR 522 million
Investments EUR 342 million
Balance sheet total EUR 6,256 million
Employees, annual average (headcount) 18,824