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  11/07/2017 | Packaging

Schubert once again achieves increased turnover and global expansion

Packaging specialist Schubert achieved positive year-end results in 2016: Gerhard Schubert GmbH increased its turnover by 7.5 percent year-on-year to 187.2 m euros. A very good order situation, a dynamic order intake, especially from the USA and the pharmaceutical sector, as well as a highly successful presence at the world-leading interpack trade fair, all point towards a favourable business year in 2017 as well. The market leader in digital packaging machines’ objective for this year is to reach a turnover of 200 m euros. The entire group of companies generated a consolidated turnover of approx. 233 m euros in 2016 and currently employs 1,174 people.

Schubert continues to drive forward on a clear growth path: “We are planning the ongoing expansion of our production and assembly spaces by 2020,” reports Peter Gabriel, Managing Director at Gerhard Schubert GmbH. “This year, we are investing close to 20 million euros in our Crailsheim location as well as in research and development. This will enable us to be ideally prepared to gain additional shares in existing and new markets.”

A look at the current financial year indicates continued positive business development for 2017. “This year, we are enjoying a very good order situation. We also successfully closed the interpack fair with three significant orders and several concrete project inquiries,” says Peter Gabriel. “We are very optimistic that in 2017 we will be achieving our objective of reaching turnover of 200 million euros.”