The Wirtgen Group is bullish at present and reports a strong financial performance for 2014. Turnover reached a healthy €2.01 billion, beating the previous estimate of €1.95 billion announced late last year.
The Wirtgen Group has acquired a 70% stake in the asphalt plant manufacturer Benninghoven, located in Mülheim, Germany. Benninghoven is a successful manufacturer of asphalt plants with a strong reputation for its technology and product quality, as well as its customer support.
Benninghoven has developed and patented a new system for its mastic asphalt plants which significantly reduces the noise they produce: less than 70dB compared to 100dB normally. The company has sold six of the new GKL Silent machines already to companies in France, Hungary and Norway - all for city centre projects.
The Wirtgen Group reports that strong financial performance is expected for 2014. Full results are not yet available for 2014 but the privately held, family owned firm is confident for good results. Joint president Jürgen Wirtgen said, “Sales for 2014 will reach €1.95 billion.” He explained that for the first half of 2013, turnover reached €285 million, whereas for the first six months of 2014, turnover reached €329 million, a jump of 15%. The second half of the year is also looking healthy with the firm on
