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WITRON Reports Strong Growth In 2020

Published on Apr 15 2021 12:35 PM in Supply Chain tagged: Germany / Distribution / WITRON / Omnichannel Logistics

WITRON Reports Strong Growth In 2020

WITRON has reported revenue of €710 million in its financial year 2020, registering growth of €110 million, from €600 million in 2019.

Despite the worldwide COVID-19 pandemic, the company hired 500 additional employees and 106 new apprentices during the financial year.

In February, the company was honoured with the 'Bavaria's Best 50' award by the Bavarian State Ministry for above-average growth in mid-sized companies, as it entered its 50th year of operations in 2021.

WITRON's ongoing project, aimed at doubling its manufacturing area, is also on schedule.

The company has invested approximately €160 million in constructing a 120,000 square-metre facility, which will provide additional manufacturing capacity for WITRON's mechanical production and plenty of offices for software developers and engineers.

Following completion – just in time for the 50th anniversary of the company – the complete WITRON manufacturing area will cover more than 212,000 square metres.

WITRON's innovative solution and operator concepts have an excellent reputation in the logistics market, even in economically challenging times. This was evident in the number of new orders received by the company in 2020, which broke the €1 billion barrier for the first time.

New contracts with leading retail companies from Europe and North America have contributed to this number, with retailers relying on WITRON's omnichannel strategies in food and non-food logistics centres across assortments and channels.

The decision to focus on crisis-proof and system-relevant industry sectors has proven to be the right move in the long term for WITRON.

Presently, its customers in the retail and distribution sectors account for more than 90% of its sales.

In 2020, more than 100 new apprentices started their career with the company, which continues to pay particular attention to in-house training of employees.

Currently, WITRON employs almost 300 apprentices, and the hiring percentage for full-time positions after the apprenticeship is close to 100%.

Johannes Schweiger joined the WITRON Service Management Board in May 2020. He shares tasks and responsibilities with CEO Christian Dietl.

Schweiger joined the company in 2013 and has successfully implemented various projects in national and international human resources.

The management board of the group is complemented by Helmut Prieschenk, Johannes Meißner, and Martin Stich.

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