In 2022 the Duravit Group again posted record sales of €715.8 million, corresponding to year-on-year growth of around 16.9 percent (2021: €613.9 million). Thus, the Duravit Group has performed well compared to the com-petition and has been able to underpin its leading position in many markets. 

The strongest growth in sales in 2022 was achieved in Egypt and Germany. The significant growth of 13.7 percent in Germany is largely due to the online business operated by the affiliated company “Nextrend GmbH”. In the previous year’s accounting period, this company was only included in the Group’s sales since May 2021, which means that the growth in sales is only comparable to a limited extent. Around 37 percent (previous year: 38 percent) of sales were in the Eurozone; the international share the Duravit Group’s turnover totaled 79.6 percent (previous year: 75.1 percent). 

Duravit’s longstanding “local-for-local” strategy, which helps our sustainability ambitions, once again had a pos¬itive effect overall. By focusing on regional production and procurement routes, we have been able to safeguard our supply capability during a scarcity of global raw materials despite temporary disruptions to supply chains. 

Balance sheet ratios remain robust as a result with an equity ratio of 52 percent of the balance sheet total. Con¬tinued profitability and an extremely robust balance sheet remain key factors in the company’s economic situa-tion. The Duravit Group is therefore well placed to maintain its successful course. The positive reactions of the market participants to the products introduced at the ISH 2023 international trade fair, especially those in the upper price segment, give us grounds for optimism.