04.17.15
In 2014, the Herma Group saw revenues increase to 282 million euros, a jump of 8%. According to the company, its numbers are growing faster than the market and it is cautiously optimistic for 2015.
The Self-adhesive Materials division grew by 9.3% to 161.6 million euros (prior year 147.9 million euros). The overall market for self-adhesive material increased by 5%.
"In 2014, we invested substantially in manufacturing technology for specialty products, so that we can now target growth in the very promising segment for special-purpose adhesive materials as well," explains managing director Thomas Baumgärtner, who also oversees the Self-adhesive Materials division. "Equally important, however, was the development of our international activities. Most recently, for example, we teamed up with an exclusive distribution partner for the Middle East."
In the Labels division, growth was recorded in business with industrial customers and logistics service providers. “Thanks to our strong performance and efficiency, we are acquiring more and more large international companies as clients,” says managing director Sven Schneller. “In this segment, we are also benefiting from the growing online retail business and the demand it generates for shipping and return labels."
The Labels division grew by 4.7%, from 78.4 million euros in 2013 to 82.1 million euros in 2014. Herma posted its strongest growth in its Labeling Machines division. Sales increased by 9.6% year-to-year, from 34.9 to 38.2 million euros.
"Apart from our sustained focus on internationalization, the success was driven by our concentration on defined growth sectors, the launch of an affordable entry-level labeler and our extensive expertise in special-purpose labeling machines," adds Schneller.
The Self-adhesive Materials division grew by 9.3% to 161.6 million euros (prior year 147.9 million euros). The overall market for self-adhesive material increased by 5%.
"In 2014, we invested substantially in manufacturing technology for specialty products, so that we can now target growth in the very promising segment for special-purpose adhesive materials as well," explains managing director Thomas Baumgärtner, who also oversees the Self-adhesive Materials division. "Equally important, however, was the development of our international activities. Most recently, for example, we teamed up with an exclusive distribution partner for the Middle East."
In the Labels division, growth was recorded in business with industrial customers and logistics service providers. “Thanks to our strong performance and efficiency, we are acquiring more and more large international companies as clients,” says managing director Sven Schneller. “In this segment, we are also benefiting from the growing online retail business and the demand it generates for shipping and return labels."
The Labels division grew by 4.7%, from 78.4 million euros in 2013 to 82.1 million euros in 2014. Herma posted its strongest growth in its Labeling Machines division. Sales increased by 9.6% year-to-year, from 34.9 to 38.2 million euros.
"Apart from our sustained focus on internationalization, the success was driven by our concentration on defined growth sectors, the launch of an affordable entry-level labeler and our extensive expertise in special-purpose labeling machines," adds Schneller.