Despite the extraordinary challenges the world faced during the 2020 financial year, packaging machine manufacturer Gerhard Schubert GmbH posted a positive business result that was significantly better than the Corona-related forecast adjustments at the beginning of the pandemic year suggested. The Schubert Group achieved an increase in turnover of 2.5 % in the 2020 financial year, representing a total of EUR 281 m (1450 employees).

Business in the USA developed very positively. In 2020, the Schubert subsidiary generated around USD 82 m in sales in North America. In addition to upward trends at Schubert UK and the main European markets of France and Italy, the Polish market is also becoming increasingly important for the manufacturer.

The increases in service revenues compared to the previous year are also obvious: in spite of all the restrictions on travel and availability of service staff, Schubert achieved an increase in turnover in this key area from 54 (2019) to EUR 59 m.

The order position also developed very positively: Driven by growth in the USA and Europe, Schubert realized a 25 % increase in incoming orders compared to the previous year.