WIELAND ELECTRIC SHOWS STABLE GROWTH

HIGH ORDER VOLUME AND VERY GOOD SALES PERFORMANCE CONTINUE IN THE THIRD QUARTER

Rising energy costs, supply bottlenecks, inflation - the economic situation in Germany is and will remain tense. Nevertheless, the Franconian technology company Wieland Electric is optimistic about the future. According to the management, this is due to a continued high order volume and a very good sales development. "Fortunately, the first two successful quarters have been followed by an equally good third quarter," reports Managing Director Dr.-Ing. Börne Rensing. "Our goal is to sustain this positive development both in the coming months and beyond 2022. The acute global challenges and changes of our time are indeed very demanding. This makes it all the more important to remain vigilant, act with foresight and join forces to drive Wieland's further development and pursue our growth targets."  

His Managing Director colleague Dr. Christian Wahlers adds: "If you want to put this in figures, we were able to achieve double-digit percentage sales growth up to the third quarter compared with the same period of the previous year. As was the case last year, high investments were made in the sites as well as in the Bamberg headquarters, both in machinery and equipment, but also in our employees."