09/04/2019 | Packaging

Schubert surpasses sales mark of 200 million euros for the first time

Gerhard Schubert GmbH continues its positive growth trend: with an increase in sales of 7.3 % and a turnover of EUR 211.5 m, the market leader in top-loading packaging machines successfully closed its 2018 financial year. For the first time, the manufacturer exceeded the targeted 200 million mark. The Schubert Group also recorded a strong result last year. Compared to the previous year, consolidated group sales increased significantly by 16.4 % to a total of EUR 283.9 m.

This success is not only based on the efforts of 1,332 employees, but also on a consistent growth strategy. Schubert is strengthening its activities in China with the foundation of Schubert Robotics Shanghai, while driving forward future-oriented projects in the realm of digital packaging and the field of robotics.

Peter Gabriel, Commercial Managing Director of Gerhard Schubert GmbH, is very pleased: “We even slightly exceeded our minimum earnings target of seven per cent on total operating performance. In the current year, we are planning further growth to sales of 225 million euros”. The group of companies has also set itself new objectives: in 2019 it could even exceed the turnover mark of EUR 300 m for the first time. Key factors behind the steady upward trend are favourable developments in international markets and continuous investment in new technologies and innovative packaging solutions.