Stemmer Imaging

Almost 10 % sales growth

Stemmer Imaging generated sales of EUR 83.7 million, almost 10% more than the previous year's EUR 76.6 million, in its 2015/16 financial year, which ended on June 30, 2016.

"For the first time in the company's history, we have exceeded 80 million euros in turnover in a financial year and thus even exceeded the target we set ourselves," explains Stemmer Imaging Managing Director Christof Zollitsch.

© Stemmer Imaging

At EUR 47.9 million, the company headquarters in Puchheim near Munich continues to make the largest contribution to the total turnover of the pan-European company. Compared to the previous year, it increased its turnover by 11.6%. Stemmer Imaging 's offices in Denmark, Poland, the Netherlands and Sweden achieved the strongest growth in percentage terms.

According to Managing Director Zollitsch, the UK's recent decision to "Brexit" will certainly have an impact on the new financial year, which began on July 1, 2016, but he believes the company is well prepared.

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Stemmer Imaging sold to AL-KO

Munich-based AL-KO AG, parent company of the internationally active AL-KO Kober SE, has acquired 75.04% of the shares in Stemmer Imaging from company founder Wilhelm Stemmer. The management team acquired a total of 24.96% of the company.

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