The 2019 financial year was hugely successful for the August Faller Group: turnover reached a new record high of 145 million euros. We achieved around three-quarters of this in Germany, Switzerland and Austria. However, we are also becoming increasingly successful in other regions - for example in Eastern Europe: since the end of the year, a new production site in Debrecen, Hungary, has been added in order to provide even more targeted support to our customers there in the future. Thanks to a sophisticated pandemic plan, we also believe we are well prepared for the current corona crisis.
To continue to grow in the future, we invested heavily in automation and digitisation in 2019. For example, in our subsidiary PackEx, which specializes in the short-term and cost-effective production of folding cartons in small and very small quantities.
Also new is our joint venture with Perigord Premedia Ltd. in Ireland: together we operate the "Global Centre of Packaging Excellence" which focuses on artwork management, printing consulting and coordination.
"We are continuously expanding our portfolio and at the same time becoming more international", reports Dr Daniel Keesman, managing partner of Faller Packaging. "We are thus already setting the course for a successful future for the company today."
In addition, we strategically repositioned ourselves last year: With a new name and a changed brand strategy. Also, we invested 8.7 million euros in our production facilities.
Find out more in our press release.