Hartmann Group 1Q 2019 results: sales rise 4%, led by superabsorbent wound dressings; inco segment is up 0.8%
HEIDENHEIM, Germany, May 14, 2019-
In the first three months of 2019, the HARTMANN GROUP, one of the leading international suppliers of medical and hygiene products, increased its sales revenues by 4.0% to EUR 536.4 million. The key growth drivers were the Wound Management segment and the CMC and KNEIPP brands that are included in the Other Group Activities segment. EBIT amounted to EUR 30.6 million which was virtually the same last year’s figure of EUR 31.3 million. As expected, the higher prices of raw materials in particular had an adverse impact.
“Sales revenues have turned out satisfactorily with an organic rise of 4.1%,” says Chief Executive Officer Britta Fünfstück. “Even so, the fact that the Wound Management segment has achieved almost double that growth rate shows that we still have a great deal more potential from which the whole Group can benefit if we press ahead with innovations and gear ourselves explicitly towards creating added value for our customers."
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