Annual accounts press conference 2017
Haniel generates significant growth in all earnings figures
19 per cent increase in operating profit
Buy-and-build strategy at BekaertDeslee and CWS-boco a success
The family-equity company Haniel improved all of its earnings figures in financial year 2016: Its operating profit grew by 19 per cent to EUR 229 million. This growth was attributable to all divisions.
Haniel achieved several highly encouraging milestones in 2016: The Company successfully assisted Bekaert Textiles in acquiring and integrating the DesleeClama Group. The division, operating since then under the name BekaertDeslee, thus strengthened its position as a leading specialist in the manufacturing of mattress textiles, and was able to tap into new regions. For the CWS-boco division, Haniel signed an agreement on 15 December 2016 concerning the takeover of significant parts of Rentokil Initial's central European business in the areas of hygiene, workwear and cleanroom services. This will bolster CWS-boco's market position in the long run and – subject to approval by the antitrust authorities – create a leading European company offering greater innovative strength, customer proximity and efficiency.