Despite the tense global economic and political situation, the Group was able to grow again, even though the difficult conditions had an impact on the operating result.

· Sales growth in Germany at 5.6 percent

· Würth Electrical Wholesale Group expands in Italy

· Core business in the skilled trades and business units Electrical Wholesale and Chemicals develop positively

The Würth Group, the global market leader in the development, production and sale of assembly and fastening materials reported annual sales of more than EUR 20 billion for the first time in its corporate history according to its preliminary financial statements on the 2023 fiscal year. Despite the tense global economic and political situation, the Group was able to grow again, even though the difficult conditions had an impact on the operating result. Sales grew by 2.4 percent. Adjusted for currencies, sales growth came out at 3.5 percent.