As Q1 moves into Q2, many of the fastener financial reports for full year 2022 have been published. With official fastener sale stats thin on the ground, we bring these reports together to provide a flavour of the fastener market in 2022…
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Würth Group closed 2022 with strong sales, with group sales at €19.95 billion, up 16.9% on the previous year. E-business sales grew 21.2%.
fischer smashed its turnover record with €1.14 billion in 2022. It’s largest division, fischer fixing systems, saw a 14% year-on-year increase in turnover.
NORMA sales reached €1.2 billion in 2022, representing a 13.8% rise. The group said there were signs of stabilisation at the end of the challenging year.
Travis Perkins group saw revenue growth of 8.9% but with an eye on lowered expectations for 2023, opted to accelerate a smaller branch closure programme, shutting 19 branches and shedding 400 jobs.
Bufab net sales grew a whopping 44%, 12% of which was organic, having hoovered up some eye-catching names in 2022, include TIMCO, Pajo Bolte and CDA Polska Sp.z.o.o. Read more:
