10-12-15
Member news
Prognosis for 2015 announced at HERMA staff meeting
“300 million euro benchmark likely to be exceeded”
• HERMA expects to register a more than 7 percent increase in sales this year, growing at more than twice the targeted rate.
• Once again, the company will create a considerable number of jobs, increasing the total number of employees to approximately 1,000 until late 2016.
• Planning for construction work at the newly acquired area in Filderstadt is already underway.
Demand for self-adhesive materials, labels, and labelling machines from HERMA continues strong worldwide. After a good financial year 2014, the self-adhesives specialist expects to report excellent numbers once again. “Regarding sales, we will probably crack the magic mark of 300 million euros this year. This is considerably more than we had planned”, reported HERMA managing directors Sven Schneller and Dr. Thomas Baumgärtner at the company’s staff meeting in Filderstadt, Germany. In 2014, HERMA generated sales of € 282 million, and planned to increase that number by merely 3.5 percent. “We will probably more than double this targeted growth.” In accordance, the company is currently stepping up its search for new employees. “Until late 2016, we are expecting to employ a staff of nearly 1,000 in the whole HERMA group. Compared to late 2014, we will have created a total of about 120 jobs”, says Schneller.
The managing directors referred to the expected result for 2015 as “respectable”. Considering this good fiscal year and expecting more healthy growth, the company felt encouraged to already start demolition, dismantling, and construction at the newly acquired area in Filderstadt in 2017 – provided that all relevant permits are obtained until then. “Planning is already underway”, announced Dr. Baumgärtner to the workforce. “Amongst other things, the Labelling Machines division will then finally be able to get the space it needs to safeguard its further growth in Filderstadt.” The Deizisau location, where the Labelling Machines division is currently situated, will be closed in the medium term – probably not before 2019. HERMA works council chairman Thilo Matt was positive about the plans for the new area: “We know that this will require a lot of responsibility and discipline. Yet the prevailing feeling is happiness about the chances that present themselves.” He announced that the works council would negotiate a reconciliation of interests and a social compensation plan for all employees affected by the move from Deizisau to Filderstadt.
US market increasingly important
The managing directors are worried about the strong price increase for the important raw material paper as well as considerably increased personnel costs. “We anticipate that both these factors will negatively impact the result in 2016”, warned Schneller. Explaining the sales boost in 2015, Schneller and Dr. Baumgärtner named economic momentum in some markets as the reason – especially for self-adhesive materials, which are used as the basis for labels worldwide. Moreover, thanks to the introduction of a synchronized production line for labelling machines, the Deizisau location was able to increase its capacities and optimally meet the strong customer demand. “In addition, we are currently gaining a firmer foothold in the gigantic US market, especially with our Labelling Machines division.”
• HERMA expects to register a more than 7 percent increase in sales this year, growing at more than twice the targeted rate.
• Once again, the company will create a considerable number of jobs, increasing the total number of employees to approximately 1,000 until late 2016.
• Planning for construction work at the newly acquired area in Filderstadt is already underway.
Demand for self-adhesive materials, labels, and labelling machines from HERMA continues strong worldwide. After a good financial year 2014, the self-adhesives specialist expects to report excellent numbers once again. “Regarding sales, we will probably crack the magic mark of 300 million euros this year. This is considerably more than we had planned”, reported HERMA managing directors Sven Schneller and Dr. Thomas Baumgärtner at the company’s staff meeting in Filderstadt, Germany. In 2014, HERMA generated sales of € 282 million, and planned to increase that number by merely 3.5 percent. “We will probably more than double this targeted growth.” In accordance, the company is currently stepping up its search for new employees. “Until late 2016, we are expecting to employ a staff of nearly 1,000 in the whole HERMA group. Compared to late 2014, we will have created a total of about 120 jobs”, says Schneller.
The managing directors referred to the expected result for 2015 as “respectable”. Considering this good fiscal year and expecting more healthy growth, the company felt encouraged to already start demolition, dismantling, and construction at the newly acquired area in Filderstadt in 2017 – provided that all relevant permits are obtained until then. “Planning is already underway”, announced Dr. Baumgärtner to the workforce. “Amongst other things, the Labelling Machines division will then finally be able to get the space it needs to safeguard its further growth in Filderstadt.” The Deizisau location, where the Labelling Machines division is currently situated, will be closed in the medium term – probably not before 2019. HERMA works council chairman Thilo Matt was positive about the plans for the new area: “We know that this will require a lot of responsibility and discipline. Yet the prevailing feeling is happiness about the chances that present themselves.” He announced that the works council would negotiate a reconciliation of interests and a social compensation plan for all employees affected by the move from Deizisau to Filderstadt.
US market increasingly important
The managing directors are worried about the strong price increase for the important raw material paper as well as considerably increased personnel costs. “We anticipate that both these factors will negatively impact the result in 2016”, warned Schneller. Explaining the sales boost in 2015, Schneller and Dr. Baumgärtner named economic momentum in some markets as the reason – especially for self-adhesive materials, which are used as the basis for labels worldwide. Moreover, thanks to the introduction of a synchronized production line for labelling machines, the Deizisau location was able to increase its capacities and optimally meet the strong customer demand. “In addition, we are currently gaining a firmer foothold in the gigantic US market, especially with our Labelling Machines division.”