The Harting Technology Group In Espelkamp, 2018 / 19 performed well despite a difficult economic environment. Sales declined slightly and decreased by 1,6% to 750 million (previous year: 762 million). As a result, the globally active family-owned company achieved the second-highest sales in its 74-year corporate history.
"We expected this result in light of various indicators," said Chief Executive Philip Harting. Political uncertainties, trade conflicts, Brexit and currency effects would have affected the result. "Adjusted for currency effects, however, we would have repeated our record result of the previous year," said the Harting boss.
"In terms of the competitive environment and to our customers, we have done quite well," said the CEO, pointing to the forecast of the industry association VDMA ("these are mainly our customers"), for both years 2019 and 2020 of a decline of 2 % goes out.
The regions in which HARTING operates worldwide have developed differently in the 2018 / 19 financial year. In addition to declines, there was also strong growth. Sales in the EMEA area increased by 6% to 278 million (previous year: 263 million). In the Asia region, it fell slightly by 0,5% to 186 million (previous year: 187 million). In the Americas region, a minus of 9% to 72 million (previous year: 79 million €) was booked. Sales in Germany also fell by 8% to 214 million (previous year: 233 million). "The crisis in the wind power industry, significant declines in mechanical engineering and plant construction, as well as the trade disputes are clearly taking hold here, and Germany's growth engine is stuttering," said Philip Harting.
In addition to a positive development in certain regions, Harting recorded strong growth in the area of e-mobility charging infrastructure with double-digit growth rates. Therefore, production in Romania will be expanded. In May 2020 the expansion of the plants in Sibiu and Agnita should be completed. The subsidiary Harting Automotive recently registered a strong increase in demand for e-mobility solutions. The business unit Harting Customized Solutions (HCS) is also growing.
Harting will continue to invest in these growth areas, as well as in the development of new products, innovations and technologies. Philip Harting sees the technology group well positioned with its current portfolio of innovative products and solutions. The Technology Group again invested above-average in the past fiscal year. "With a total of around 66 million €, a record amount was achieved," said Maresa Harting-Hertz, Chief Financial Officer. The number of employees (including apprentices) increased to 2018 in the course of the 19 / 5268 financial year (previous year: 4980). That's an increase of 5,8%.
More contributions from Harting
Hannover Messe Hall 12, Booth D03, Harting's specialist article at the Hannover Messe 2020 is based on the motto of the industrial show “Industrial Transformation”. In this focus, the technology group under the claim "All for Ethernet" ahead and sets new standards for the industrial network for the networking of technical devices, machines and systems for the 75th anniversary. Other highlights will include new connector solutions, the Single Pair Ethernet (SPE) Industrial Partner Network and other industrial interfaces and configurators.
Logimat Hall 4, Stand D61 Technical Article Users of Single Pair Ethernet (SPE) are finally getting investment security. As Harting announced yesterday, the IEC standards committee SC 48B for connection technology published the IEC 63171-6 standard. The standard interface for industrial SPE applications was thus manifested. The SPE Industrial Partner Network is behind the new standard, which is now freely available.
Logimat Hall 4, Stand D61 The Haning DDD miniature connector from Harting currently covers the miniaturization in robotics and automation technology most consistently. The triple D stands for maximum contact density. Safe signal transmission also takes up little space. This miniature connector has more than doubled the number of contacts compared to the previous standard. The dimensions and electrical properties have remained the same for this version.
The Harting Technology Group and Expleo have signed a IIoT cooperation agreement. Peter Seidenschwang (r.), Head of Industry at Expleo and Philip Harting, CEO Harting, signed the agreement. This confirms long-term cooperation in the area of Internet of Things solutions and data-driven services for industrial customers. Harting offers the modular edge computer Mica designed for industrial applications for industrial applications. Expleo realizes this with its expertise in connectivity, visualization, data analysis and artificial intelligence.
Automobile specialist Rinspeed presents the new concept vehicle "Metrosnap" at CES 2020 in January in Las Vegas. The developer once again relies on the Harting technology group with an individually designed interface that supplies the vehicle with energy, data and signals. The interface module supports the driver in using the vehicle quickly and flexibly for a wide variety of tasks.
For his outstanding commitment as a designer and promoter of technology, science and business, Dr.-Ing. eh Dietmar Harting (2., left) was honored with the award of the Karmarsch-Denkmünze of the Leibniz Universitätsgesellschaft Hannover eV. The eulogy was held by former President Christian Wulff.
The Harting Technology Group in Espelkamp held up well in the 2018/19 financial year despite a difficult economic environment. Sales declined slightly and fell by 1,6% to € 750 million (previous year: € 762 million). The globally active family company achieved the second-highest turnover in its 74-year history.
With the “Han” configurator from Harting for the design of connectors, users can now make individual adjustments to the housings of mass-produced industrial interfaces for the first time. Cable entries and labeling of housings can be modified.
SPS Hall 10, Booth 140 Connector specialist Harting, TE Connectivity, Hirose, Würth Elektronik, Leoni, Murrelektronik and Softing IT Networks are establishing an open partner network for companies with the "SPE Industrial Partner Network" for companies that use Single Pair Ethernet (SPE ) actively promote the rapidly growing IIoT market. This significantly expands the SPE cooperation presented at the Hannover Messe 2019.
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