Given the challenges mentioned at the beginning, real diversity, genuine acceptance, true customer-centricity, absolute focus, and the willingness to pivotal transformationsupported through digital tools and mindset may never have been of greater importance. Additionally, the topics of investment and personnel policies, the quality situation, and the strategic alignment of the company and the Group were examined in depth. MANN+HUMMEL is however far more than the sum of its parts. MANN+HUMMEL GMBH operates as a subsidiary of Mann + Hummel Holding GmbH. Smart Cabin Air Filter System We have anticipated and adapted to the changes around us through the talent, dedication, and drive of our global employees led by our diverse international leadership team. The Ludwigsburg-based group develops filtration solutions for vehicles, industrial applications, clean air in indoor and outdoor spaces as well as for the sustainable use of water. We have clearly succeeded in consolidating and communicating our competitive advantages in terms of quality, service, and innovation.". He started his career with us in project management for heavy-duty and industrial filtration. Culture & Commitment I might be the most prominent example. The Supervisory Board and the shareholders thank all employees of the MANN+HUMMEL Group, the Management Board, and the employee representatives for their successful efforts in the past fiscal year. #MannHummel #CleanerMobility #FiltrationMakesTheFuture, Happy #InternationalWomensDay! Select Accept to consent or Reject to decline non-essential cookies for this use. This is despite the marginal drop at gross margin % level, which am pretty sure must be due to steep rises in the input material and hence the impact on the cost of goods. In 2019, over 22,000 employees at more than 80 locations worldwide generated a turnover of EUR 4.2 billion. At MANN+HUMMEL, we believe in the power of collaboration and progress. Cyclo-Multi-Sorber System When I look at @MANN+HUMMEL, I see men and women in our Senior Leadership Team. MANN+HUMMEL is a leading global expert in filtration. This also applies to our recruiters. We are also close to you. Especially with works of art, it is important that these parameters are perfectly coordinated so that they are preserved in their original condition in the long term. Company. Strategy With an impressive flow rate of up to 7 liters per minute, this under-sink filter is the perfect solution for families or people with high water demands. MANN+HUMMELs 2021 Annual Report is now online! We shape the future: the future of filtration and the future of MANN+HUMMEL. Quite the opposite. Much too short! Address Schwieberdinger Strae 126, 71636 Ludwigsburg, Germany Business Overview -The Company is a leading global expert for filtration solutions. It is of utmost importance to deliver what is wanted and needed, to customize products. Stories of the segments Automotive and Heavy Duty & Industrial. Mann + Hummel reports have an aggregate usefulness score of 4.7 based on 63 reviews. History Digitalization helps us making our logistics, finance, HR and product development more efficient and sustainable. Annual report 2021 Report of the Supervisory Board Made by MANN+HUMMEL Do you know? Products include, amongst others, air filter systems. In the kitchen. All documents were issued with an unqualified audit opinion. To prepare for this future, we have also reshaped our Senior Leadership Team, MANN+HUMMELs key management committee. Simply get in touch with us. Making the world a better place. This may lead to minor discrepancies when totaling sums and when determining percentages. Despite challenging economic conditions, we concluded the year 2022 with a record turnover. -Alfred Weber, President and CEO MANN+HUMMEL, Pictured from left: Alfred Weber (President & CEO), Frank B. Jehle (Deputy CEO & CFO), Manfred Wolf (President & General Manager, Automotive + Industrial ). In Water & Membrane Solutions, we are investing in vertical integration of our products and solutions, thus advancing innovation and cost competitiveness to our customers needs. In Brazil, Automotive Original Equipment, one of the company's core business segments, saw a decline of up to 30 percent. Today, we would like to extend a thank you to our employees, colleagues, customers, and partners you have made this achievement possible! . We experienced growth in our Aftermarket business unit, both in our mature markets as well as in the South and Central American and the AMEA regions. Modern medications are meant to do good, but they don't cure everything. Annual Report 2021 Sales 4.2 billion euros EBIT 191 million euros EBIT margin 4.6 Locations 80+ on 6 continents Total assets 4.3 billion euros Investments in R&D 113 million euros Employees 23,211 worldwide 1ll figures are rounded. Through our innovations, we will continue to enable our customers to be more sustainable. Who wants to see more, use augmented reality glasses. We thank those employees who have relocated with this business and wish them much success. At the same time, we are systematically driving forward the digitalization of our company, our processes, our products, and solutions. MANN+HUMMEL is active worldwide. Transformation is not a buzzword for us. , intake systems, liquid filters, technical plastic parts, filter media, cabin filters, industrial filters and membranes for water filtration, sewage treatment and process applications. 2022 has created an impressive example of what our teams around the globe are capable of. The dependence and fragility of global supply chains. You can update your choices at any time in your settings. During our trip, we gifted our Chinese colleagues with a beautiful painting as a token of our appreciation for their hard work and dedication. Swipe through the pictures to see our different projects! #MannHummel #CleanerAir #AirPollution #Environment #FiltrationMakesTheFuture, Why you can't get around our MK7 drinking water filter With our absolute focus on filtration and separation solutions in the fields of Transportation and Life Sciences & Environment, we will be able to accelerate and further consolidate our transformation. This achievement is a testament to our unwavering commitment to excellence and customer satisfaction. If you're curious to learn more about our solutions, visit our websites: At MANN+HUMMEL everything is constantly in motion - we are set to "Fast Forward". Annual report This was our year Download Annual report 2021 [PDF; 4945 KB] Our team is on site and engaged in this important event. #TeamMannHummel #India #ProjectManagement #FiltrationShapesYourFuture, We are honored to be recognized as the most remembered brand in the filter technology category! Our most important asset: our employees. Especially people with severe pollen allergies suffer massively from the increased concentration of allergens in the air. This may lead to minor discrepancies when totaling sums and when determining percentages. The number of passenger vehicles per 1,000 inhabitants is around 500 in established industrial nations,while in Russia and Brazil the figure is around 200, in China it is 50 and in India it is even lower. Reality shows: That does not work, but it happens over and over again. Sales 3,955 New world order. There are many things that drive us on this journey, and it all starts with the motivation, commitment and teamwork of all our associates. Cultures shape markets Knowing markets means understanding cultures. More insights on our website https://lnkd.in/gF-82_p Find more about our helpful solutions here: https://lnkd.in/ercKc7ew There's even a Bavarian among them! Through your efforts, we're able to demonstrate the power of effective filtration systems in creating a cleaner, more sustainable future. We take care of that. In addition to professional technology and high-quality air filters, molecular filtration solutions are also crucial and these are precisely the solutions we offer. digitGaps is . Annual Report Our Plus for the Environment Original Equipment Corporate Responsibility Report 75 Years of History Quick access Mann+hummel Purolator Filters's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. This years annual report provides an overview of our key figures and gives you a deep insight into our various projects, initiatives and achievements. After Singapore, Shanghai (China) and Raleigh, NC (USA), we have opened our fourth Digital Hub in Heilbronn. I argue: imagine where we would stand today in a world without globalization! When we close our eyes, there is no such thing as standing still. "The numerous awards that we received from customers in all sectors in 2014 confirm to us that we have chosen the right strategy. I'm confident that our team and their commitment will help us create a cleaner future for all. Told by colleagueswho together with their respective teams made a valuable contribution to MANN+HUMMELs success in 2022. This company has a Sustainability Report available to view on our partner site, ResponsibilityReports.com, MANN+HUMMEL is a leading global expert in filtration. Root canal treatments are painful. MANN+HUMMEL Cedric Dackam Helena Hofer Hanno Hoehn Rostislav Khyr Dr. Mark Mser Fua Nipah Gudmund Semb Gunnar Skoeries Alexander Stamm Harald Spaeth Stefan Tolle Charles Vaillant Emese Weissenbacher Kurk Wilks, Exciting times at the International Vienna Motor Symposium! A wide range of products and services enables us to meet the needs of our customers and society. Understanding cultures is MANN+HUMMEL's DNA. (Annual sales and employees). The water business of the filtration expert, which has subsidiaries in Brazil, Singapore, China, USA and Germany, will be managed centrally from Wiesbaden. ResearchAndMarkets.com is the world's leading source for international market research reports and market . Alfred Weber, President and CEO of MANN+HUMMEL, describes the company's overall result for the year as "solid". Organizations and societies can cope with it - provided there are appropriate counterbalances. BDI - Bundesverband der Deutschen Industrie e.V. With an impressive capacity of 5,000 liters per filter medium and a compact design, the MK7 delivers a high flow rate without taking up much space under your sink. It is and always has been a driving force throughout our history. Here, the company is reaping the benefits of strong demand for vehicles and from its five highly networked production facilities in China. This means you can enjoy clean and great tasting water for many months without having to lug heavy water canisters! In 2014, MANN+HUMMEL bought a company in the non-automotive sector and acquired a stake in another. Heterogeneous developments in global energy prices. #MannHummel #AwardWinners #Excellence #FiltrationMakesTheFuture, 4.5 million people. Domestic plants currently produce 5.5 million passenger and light commercial vehicles annually, while production figures at international locations are already in excess of 9 million. Productivity & Innovation Weber thanked the workforce, which currently stands at almost 16,000 employees at more than 60 locations worldwide, for their outstanding commitment and their contribution to the company's success. Today, he leads a team of 40 members and is known for his outstanding ability to handle customer inquiries for various sales services. Not printed in black and white, but cinematically told by colleagues whotogether with their respective teamsmade a valuable contribution to MANN+HUMMELs success in 2022. Even if it takes hours and days. It is classified as operating in the Motor Vehicle & Parts Dealers industry. Mann+hummel Purolator Filters's annual revenues are over $500 million, The Premium Mann+hummel Purolator Filters Company Report, 4231 Motor Vehicle & Motor Vehicle Parts & Supplies Merchant Wholesalers. 1 All figures are rounded. This can be due to various reasons, such as room temperature, humidity, gases or odors. Today, we celebrate the remarkable achievements of women in all aspects of our society. 24/7. The Ludwigsburg-based filtration specialist closed 2022 with a turnover of 4.8 billion euros (2021: 4.2 billion euros) a historic high in the companys 80+ year history. With this important step, we will be able to fully focus on our core competencies filtration and separation, and to solidify our transformation strategy. Brake dust particle filter Immerse yourself in the world of MAHLE and take a look at our success stories. Vereesh Chandrashekhar Padil has been working at MANN+HUMMEL for almost 12 years and today is our Global Expert for Vision Based Systems. Doing business successfully on a sustainable basis also means taking responsibility. "Our business in Brazil has suffered greatly. We successfully completed growth acquisitions and continued to develop innovative filtration solutions for a cleaner world. We will continue our efforts in this area and actively shape the future the future of filtration and the future of MANN+HUMMEL. A turbo for our transformation. For more than 80 years we have been focused on this task, and today we are the worldwide market leader for innovative filtration solutions. As soon as you think one-dimensionally, it becomes dangerous. However, 2014 was a good year overall for the Industrial Filtration Business Unit," says Manfred Wolf, President & General Manager Automotive + Industrial Business. We at MANN+HUMMEL are proud to be part of this community: The German "Mittelstand". Understanding cultures is MANN+HUMMELs DNA. Integrated fine dust particle filter Both figures are thus roughly at the strong level of 2021 (EBIT 2021: 191 million euros, EBITDA 2021: 419 million euros). In Western Europe, the markets most affected by the crisis are still well below pre-crisis levels. We have published countless magazines and books with more information on our products, technology, R&D, as well as historical information on our company and brands. Who wants to see well, uses glasses. That's the impressive number of people worldwide whose breathing volume has already been improved by our outdoor air purifiers, doing wonders for air quality. This company has an annual report available to view on our partner site, AnnualReports.com, MANN+HUMMEL is a leading global expert in filtration. If ever there was a need to show the advantages and disadvantages of globalization in one picture, 2022 can be used as a prime example. I see Germans, French, Czechs, Americans, Norwegians, Ghanaians, Cameroonians, a Romanian with Hungarian roots. After Singapore, Shanghai (China) and Raleigh, NC (USA), we have opened our fourth Digital Hub in Heilbronn (Germany). "We're expecting continued growth in sales and earnings in Industrial Filtration for 2015.. In 2019, over 22,000 employees at more than 80 locations worldwide generated a turnover of EUR 4.2 billion. The sale was an important milestone for MANN+HUMMEL and marks a further step in line with our vision of Leadership in Filtration, Wilks added. Be it our teams in Ukraine and Russia, performing under the most adverse conditions one can think of. Not only at the company headquarters, but worldwide. The Ludwigsburg-based group develops filtration solutions for vehicles, industrial applications, clean air in indoor and outdoor spaces as well as for the sustainable use of water. Nevertheless, estimates from the German Automotive Industry Association (VDA) indicate that the Western European share of the global market will fall to around 15 percent within a few years. In todays world, it is not about creating one-size-fits-all solutions anymore and pushing them into different markets recklessly. Thanks to our diverse and internationally cross-linked teams we have been able to unlock potential and serve markets. The electric car is equipped with four of our MANN+HUMMEL products: "It has led to noticeably improved demand for our subsidiaries. After reading the above lines, one might argue: globalization has failed because it has stalled. In her opinion, MANN+HUMMEL has a very special role to play: a globally operating company that knows its customers and markets . To be successful, we added innovative solutions, great engineering, and manufacturing excellence to the cocktail. This is true team spirit. The world we live in, the air we breathe, the water we drink, and the ground we walk upon has always been common ground. MANN+HUMMEL Schwieberdinger Strae 126 71636 Ludwigsburg, Phone: +49 7141 98-0 Fax: +49 7141 98-2545 Contact us, Please choose region, country and your language, MANN+HUMMEL Corporate Responsibility Report 2021, Air filters in operating theater at ludwigsburg clinic, Air cleaner system for heavy duty trucks for cnhtc, Oil filter module for paccar mx 13 engines, Air cleaner system for Mercedes-Benz engines, Air filters for Daimler and Mercedes-Benz. In his presentation of the Annual Report, Frank B. Jehle, Deputy CEO and CFO of the Ludwigsburg-based family-owned company, addressed the factors that had the strongest negative impact on earnings. Looking at the number of vehicles per capita, growth is likely to continue in the medium term. The commitment of our more than 22,000 global employees working to achieve our customers satisfaction through challenging external conditions has been and remains our top priority. Vokes Air, based in Svenljunga, Sweden is a leading provider of filtration applications for indoor air purification and the HVAC segment (Heating, Ventilation, Air Conditioning) segment. MANN+HUMMEL has embarked on an ambitious growth strategy to address global price and competitive pressure. MANN+HUMMEL Gruppe is a family-owned manufacturer of liquid and air filter systems, intake systems and cabin air filters headquartered in Ludwigsburg, Baden-Wrttemberg, Germany. Our most popular publications are available here for download. Mann+hummel Filtration Technology US's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. Freedonia cites China and India as strong drivers of growth. Fuel Cell Competence In order to be sustainably successful in a globalized world, there is at least one more thing to tick off the list: to listen carefully to our customers wishes and needs or, even more so, anticipate them. We are on the right path to creating a cleaner future for all. Simply get in touch with us. Only in this way true diversity can emerge and find acceptance. This is not an end in itself, but an essential requirement if we are to maintain our position as innovation and market leader in the future," says the CEO. After eight decades, we are a global market leader for filtration with locations on all continents. Despite difficult conditions, we were able to build on 2020 and show stable results in 2021. Annual Report 2022 Company News & Press Previous May 30, 2023 Annual Report 2022 MANN+HUMMEL Group closes year 2022 with a turnover of 4.8 billion euros SHARE Difficult business conditions and the rise of inflationary pressures significantly slowed last year's global economic growth and development. Our corporate social responsibility strategy follows a holistic approach to continuously improve in the areas of ecology, economy, social issues, and technology. And chemistry plays a big role. At MANN+HUMMEL, we have always done this well. The effects of the weak South American economy were more severe than expected. Together, we are building a cleaner future! For more, have a look at our complete Annual Report: Service / Application Engineer presso I.P.R. This also applies to our recruiters. Innovations and a focus on filtration are important elements of our Strategy 2022. Thank you Kathrin Sauter, Andreas Wallbillich and Anton Ungefug for helping us to show some of the faces behind MANN+HUMMEL. Say goodbye to bottled water. MANN+HUMMEL intends to continue pursuing its growth strategy in 2015. Now barbecue becomes a pure taste experience - without annoying odors. It is with our customers success that we will succeed. We are prepared for this transformation, working closely with our customers, and excited to form new partnerships to advance solutions for: We are convinced that filtration is a key technology of the 21st century and that we will succeed with our customers success. I argue: imagine where we would stand today in a world without globalization! 3.5 million German companies form a unique community that is unparalleled globally. Analog and digital. Select Accept to consent or Reject to decline non-essential cookies for this use. Communications & Marketing and Internal Audit report to the President and CEO. MANN+HUMMEL had already indicated a weaker outlook for the second half of the year when posting its Semi-Annual results in September 2014. As ONE Team we were able to convince in all 4 value drivers: If you can't get outside, you stay in. M.Pharm MBA DPMM GCMR, Thomas & Kurk, Must congratulate for the YOY growth in bottom line, EBIT% from 2% to 3.6% and adding a flat nett 73M Euro to treasury. #MannHummel #BusinessDevelopment #CleanerFuture, At MANN+HUMMEL, we believe that effective filtration systems for the separation of the useful from the harmful have a purpose in the vehicles of today and tomorrow. The return to bloc formation and geopolitical rifts long thought to have been overcome. The 41-year old engineer holds a Ph.D. in Production Economics from . If we talk about diversity, for example. We invite you to learn more and visit us at our MANN+HUMMEL booth. We are proud that our company and the quality of our services have been recognized many times. MANN+HUMMEL VOKES AIR A/S | Statement by Management 3 Statement by Management The Board of Directors and the Executive Board have today considered and approved the annual report of MANN+HUMMEL VOKES AIR A/S for the nancial year 01.01.2020 - 31.12.2020 . It is classified as operating in the Motor Vehicle & Motor Vehicle Parts & Supplies Merchant Wholesalers industry. Sometimes they make things worsefor example, in our wastewater. Actually, it would not only be beneficial, it is urgently needed! Together, we will continue to revolutionize the industry and create a better, cleaner, and more sustainable future for all. Then it works. Driving standardization forward in such a way that we can create space for individualization must be one of our major goals as a global organization. Digitalization is a key driver for our transformation strategy. Mann+hummel Purolator Filters's Annual Report & Profile shows critical firmographic facts: We walk the talk. American automotive market In 2022, we secured significant new acquisitions in our Original Equipment business unit. Protect your health: Our filter significantly reduces waterborne pathogens and removes harmful substances like microplastics. Our highly motivated teams around the globe have pushed the boundaries every single day to bring the company forward and to meet our customers demands.. In many debates, there is exactly one distinguishing characteristic for diversity: gender. It not only entails an overview of MANN+HUMMELs key figures but also a deep insight into various projects, initiatives, and achievements told by colleagues who (together with their teams) made a valuable contribution to MANN+HUMMELs performance in 2022. But I am convinced that we are falling short. Startups are shaking up the market for electromobility. In India, MANN+HUMMEL supports the surrounding villages in the supply of clean drinking water. The focus on filtration is paying off for the family-owned company. Not all cultures around the globe function or work according to the Western way. Filters filter all sorts of things. We want to offer our customers around the globe the best filtration and separation solutionspossible to enable cleaner mobility, cleaner air, cleaner water, and cleaner industry. . Cleaner mobility, cleaner air, cleaner water Separating the useful from the harmful - that is the mission and the passion of MANN+HUMMEL. Cleaner mobility reaches far beyond the typical combustion engine. "The picture is very different in South America, where the trend is downward, especially in Brazil.". Compound Annual Growth Rate : 8.6% : . In 2022 we have seen unbelievable dedication and performance. #MannHummel #CleanerWater #DrinkingWater #EnvironmentalProtection, Pollen alarm Are you affected too? We highly recommend you take advantage of the opportunity to watch and learn more about MANN+HUMMEL. Annual Report 2022. The first products were fabric air filters made in Ludwigsburg, Germany. "We need to be wherever our customer need our products," says Weber, citing developments in the automotive industry. ,LeadershipInFiltration MANN HUMMEL Annual Report 2422 3. Filtration will be the essential core of the brand for the now 74-year old Ludwigsburg filter plant. Mannhummel Usa's Annual Report & Profile shows critical firmographic facts: What is the company's size? Youll also get a deep insight into our various projects, initiatives, and achievements. #iwd2023 #MannHummel. MANN+HUMMEL Annual Report 20184 Table of contents Foreword by the Management Board Report of the Supervisory Board Group status report Consolidated financial statements Auditor's report MANN+HUMMEL AT A GLANCE All figures are rounded. Wish you a great 2022 and hopefully, with similar rate of uptrend (bottom line), you may touch the 1st milestone of 5% NP in this year & By 2025, clubbed with other operational efficiencies (mainly the backend value chain), the magic mark of 10% NP by 2025 must be pragmatic. Strengths that will certainly be of great importance in the future, whatever that may be. In our annual reports, investor presentations, key figures and sustainability reports you will find all relevant information about our company - because information is the basis for success. A company born in Germany, grown internationally. #MannHummel #LeadershipInFiltration #CleanerWater, Do you know? Upgrade Your Profile and unlock all your responsibility reports. That's what we're working on. Learn more in our Cookie Policy. In 2019, over 22,000 employees at more than 80 locations worldwide generated a turnover of EUR 4.2 billion. Having previously done so in 2012, independent US market research institute Freedonia once again confirmed that MANN+HUMMEL is the market leader in filtration in the summer of 2014. That is why I was even more happy to visit my colleagues on site again during the business development meetings in the last days. In our 2022 Annual Report, we not only provide an overview of our key figures but also pay tribute to our dedicated employees, highlighting projects, initiatives, and contributions that have driven our success. Earnings before interest and taxes (EBIT) resulted in 176 million euros, EBITDA in 394 million euros. Learn more about our Cleaner Mobility Platform here: https://lnkd.in/e8SehwdZ Our formula for success: we combine the knowledge and experience of our employees with reliable technology and have been able to convince our customers with excellent products and services for many years.
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