June 5, 2012 - MANN+HUMMEL Group's turnover in fiscal year 2011 increased by 13.5% (after adjusted currency value was 14.7%), EBIT margin reached EUR 141.6 million, equivalent to 5.7% of turnover, globally The number of core employees grew by approximately 8.6%.

Alfred Weber, CEO of MANN+HUMMEL Group stated: "We have been focusing on strategic growth targets in 2011 and plan to increase our turnover to at least 3.4 billion euros by 2018. In 2011, we made progress toward our strategic goals. We have made good progress and made some important decisions for further growth. We hope to make full use of the profit growth opportunities in Asia and the Americas to achieve faster growth. Thanks to our employees and partners during the past year Give us our support.”

MANN+HUMMEL Group China Headquarters in Shanghai Jiading

In 2011, the MANN+HUMMEL Group invested 109 million euros in new technologies, infrastructure and production capacity, a record high. For example, MANN+HUMMEL invested 17 million euros in the construction and equipment of the new air-conditioning filter production plant in Himmelkron, Germany, which opened on May 8, 2012; in Sonneberg, Germany, MANN+HUMMEL invested 7.2 million euros in In the new production equipment and public facilities, these equipment and facilities have been put into use on May 11, 2012; in the United States, MANN+HUMMEL expanded its logistics center in Portage and established an auto parts production line and assembly line. Hummel also established a new auto parts production plant in Dunlap, USA, and recruited the first employees, which totaled 15 million U.S. dollars.

Mr. Manfred Wolf, Head of Global Director and Business of MANN+HUMMEL Group, at the Opening Ceremony of Liuzhou Plant in Mannheimer

Sustainable growth requires the right people. MANN+HUMMEL has continuously improved the quality of its employees and has significantly increased its investment in training. MANN+HUMMEL carries out various activities on a global scale, including providing management development courses, promoting lifelong learning concepts, and organizing joint activities with schools and applied universities. These are part of the talent strategy and take full account of changes in personnel. the elements of. Mr. Weber pointed out: "The lack of technical talents and managerial talents will restrict the development of enterprises. For this we must take measures."

As a technology-driven company, MANN+HUMMEL has continuously promoted research and development, with 3,000 patents and utility model patents, and about 800 R&D personnel. MANN+HUMMEL develops and produces solutions for cars that use internal combustion engines and other drive systems. For example, MANN+HUMMEL's filter experts have developed systems that regulate the pressure and humidity of lithium batteries to protect the batteries. Another interesting project is the application of fuel cells, which has entered the customer's test phase.

Man Hume Liuzhou factory air filter assembly workshop

MANN+HUMMEL also performed well in the beginning of 2012 and is working hard to achieve its strategic goals. In order to support the growth of the business, MANN+HUMMEL hired more than 300 employees in the first quarter of 2012, further strengthening the core manpower. In early 2012, MANN+HUMMEL acquired a Brazilian water treatment system supplier with 80 employees and established a branch office in Dubai. In the field of industrial filtration, MANN+HUMMEL successfully won the key new customer, Sany Heavy Industry, one of the world's largest engineering machinery manufacturers, and became a global strategic partner of Sany Heavy Industry. By 2018, the cooperation revenue between MANN+HUMMEL and Sany will increase to tens of millions of euros, and MANN+HUMMEL’s non-automotive business income is expected to account for one-third of the total turnover.

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