Home Financial Record HIMA Group achieves record sales in fiscal year 2021

HIMA Group achieves record sales in fiscal year 2021


HIMA Group achieves record sales in fiscal year 2021

June 28, 2022 – Brühl, Germany – Despite a very difficult 2021 financial year, the HIMA Group increased, with all key performance indicators positive. The provider of safety-related automation solutions expects further growth in 2022.

The HIMA Group achieved its highest turnover since its creation 114 years ago and increased its sales by 5.8% to 126.9 million euros in 2021.

“We not only met our economic targets last year, we exceeded them. For 2022, we also expect solid growth and plan above-average investments for the continued expansion of our global business,” said Jörg de la Motte, CEO.

While the process industries (oil and gas, refining and chemicals) account for around three-quarters of turnover, the rail technology sector has also seen a positive development. Across all sectors, 35% of business was generated by services and software.

Demand growth was positive in all of HIMA’s main markets. Geographically, 54% of turnover is generated in Europe, with the Middle East representing 18%, Asia 16% and the Americas 5%. The remaining 7% came from global projects spanning multiple regions of the world.

“HIMA weathered the pandemic well, was able to do without partial unemployment and reacted with agility to the new demands with teleworking and virtual work. We were able to maintain our ability to deliver in a very difficult environment. We are also looking at ourselves into the future with positive expectations,” explained Chief Financial Officer Dr. Michael Löbig.

The need for security-related solutions is increasing. It is becoming increasingly important to offer operators solutions that meet their needs and create real added value through the digitalization of processes. The independent family business relies on strategic partnerships and partnership with customers.

An example in the field of security was the 2019 partnership between HIMA and genua GmbH, a German IT security specialist. Another this year was the partnership with Mangan Software Solutions, a software provider for digitizing the security lifecycle. To promote innovative solutions with customers, two Customer Solutions Centers were opened in Germany and Singapore.

“We are banking on partnerships! On the one hand, we will continue to expand our strategic collaboration with complementary and innovative suppliers and, on the other hand, find new ways to strengthen the value and models of our partnership with our customers. Here, the recent Open Customer Solution Centers offer us completely new possibilities,” says Jörg de la Motte.

About HIMA

HIMA Group is the world’s leading independent provider of safety-related automation solutions for the process and rail industries to protect people, property and the environment. Founded in 1908 and based in Germany, the family business has around 800 employees and operates worldwide.

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