After the successful fiscal year of 2015, the Sedus Stoll Group closed 2016 again with an increase in incoming orders (+4.3 %), sales (+5.3 %) and net income for the year (EUR 9.5 million).
With total sales at EUR 188.5 million, the fiscal year of 2016 is one of the three best years in the company’s history. Incoming orders in the first four months of 2017 range already +4.2% above those of the previous year.
This pleasant operating result keeps the Sedus Stoll Group on a growth track and has enabled the company to expand its market share in terms of total market order growth. The development of incoming orders and sales is virtually parallel.
However, the total growth rates of the international office furniture market amounting to +2.8% in 2016 are significantly decreased as opposed to the previous year (+6.9%). Neither the announced Brexit nor political uncertainties in Europe and the USA have had a noticeably negative effect so far.