In 2022, Weidmüller achieved a total turnover of 1.175 billion euros. This corresponds to an increase in turnover of 22 percent compared to the previous year. "We are delighted to have exceeded the one billion euro sales mark for the first time in our company's history. We have thus reached an important milestone and established a good starting position for the future," emphasizes Chief Technology Officer and CEO Volker Bibelhausen. Despite the crises and uncertain geopolitical developments, Weidmüller was able to successfully continue its growth course.

National and international investment projects

Long-term investments formed the basis for Weidmüller's constant growth in all areas in 2022. With a total of 83 million euros, the electronics and connection technology company invested 7 percent of its turnover in future-oriented projects and the expansion of its locations. An important component of these investments is the strengthening of the global positioning. The focus here is on the construction of a new production site in China, an expansion of the Richmond site in the USA, a production expansion in Romania and capacity expansions in Thuringia.

Improved value creation, greater sustainability and circular economy and the strengthening of sustainable local-for-local concepts in the regions are the fundamental objectives of the investment projects. "By expanding our locations, we are ensuring greater customer proximity in the regions. On the other hand, we are expanding and optimizing our operational footprint in terms of productivity, efficiency and sustainability," explains Dr. Sebastian Durst, new Chief Operations Officer at Weidmüller.

New logistics center in Thuringia put into operation

With the completion and commissioning of the Weidmüller Distribution Center (WDC), the largest single investment project in the company's history was completed. Not far from Eisenach, a new logistics center was built on an area of 72,000 square meters over a construction period of around two years. With the WDC, Weidmüller is significantly and sustainably optimizing its logistics processes. The ultra-modern building complex is located around ten kilometers away from the Thüringische Weidmüller GmbH (TWG) site. It is largely automated and enables end-to-end digitalized and flexibly networked delivery and customer service. "With the Weidmüller Distribution Center, we are already ready today for the complex logistics requirements of tomorrow," explains Dr. Timo Berger, Chief Sales Officer at Weidmüller.

Products and concepts for the future

When developing new concepts, products and solutions, Weidmüller focuses on forward-looking topics. The aim is to make core technical areas simpler, more efficient and more sustainable. Many of the company's products and concepts are used, for example, in photovoltaic systems and machines, wind energy, electromobility and hydrogen production. Weidmüller is also developing solutions for the DC industry: the Detmold-based family business is a founding member of the Open Direct Current Alliance (ODCA), which was launched in November 2022 and aims to establish a sustainable DC ecosystem. Weidmüller is also expanding its software and hardware product portfolio in the areas of Industrial IoT and automation with the u-control control system, the easyConnect service platform and the u-OS operating system. The electronics and connection technology company is developing holistic solutions along all process steps for the control cabinet construction of the future. The SNAP IN connection technology also enables automated, robot-assisted production processes.

Looking to the future with confidence

Following the strong growth in sales to over one billion euros in 2022, the Weidmüller Group's Executive Board remains confident despite difficult market conditions. "We are also aiming for almost double-digit growth in 2023 compared to 2022," explains CFO André Sombecki.

Hanover Fair, Hall 11, Stand C57