Wurth Grows 12% in 2006
Global fastener distributor The Wurth Group, based in Germany, recorded 12% sales growth in fiscal 2006 to 7.74 billion euro, or US$9.9 billion. Outside of Germany, sales increased by 11.8% to 4.62 billion euro, or US$5.96 billion.
Profit grew by 16.5% overall.
In 2006, Wurth grew its staff by 8.2%, and its sales representatives by 5.6% to 29,020 worldwide.
The Wurth Group also expanded to Mongolia in 2006, bringing the group to 83 countries.
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