Miele Group achieved 7.5% turnover growth

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The Miele Group recorded sales of € 4.84 bn worldwide in the 2021 business year, 7.5% up on the previous year. “Business in the Miele Group – the company explains – was characterised by two strong but contrasting developments during the past year: on the one hand, the much publicised historical boom in the domestic sector triggered by Covid-19 provided (and provides) for strong tailwind. On the other, Miele has felt the impact of disruption in worldwide supply chains, in particular with respect to semiconductors. Nevertheless, more products were built and sold on aggregate in 2021 than ever before in the German premium manufacturer’s 123-year history. Orders in hand at the start of the new year are also higher than ever before. In order to cut delivery times which are presently in part far longer than usual, Miele is producing at all production plants with the highest capacity possible”. Despite the bottlenecks in the supply of semiconductors, sales have developed positively in all product groups, in particular refrigeration, cooking and dishwashing. But also laundry, floor care and coffee making. Besides, the Professional business unit increased its turnover by 6.2% year-on-year and, with its laundry technology, commercial dishwashers and medical and laboratory technology product areas, contributed 14% to overall sales.