Business Report 2013/14 - Mielepress.miele.com/media/presse/media/Miele_GB_2013-14_EN_web.pdf ·...

6
Business Report 2013/14 FACTS AND FIGURES

Transcript of Business Report 2013/14 - Mielepress.miele.com/media/presse/media/Miele_GB_2013-14_EN_web.pdf ·...

Page 1: Business Report 2013/14 - Mielepress.miele.com/media/presse/media/Miele_GB_2013-14_EN_web.pdf · Hands-on kitchen at Miele Gallery in Berlin. € 3.22 bn sales in 2013/14 financial

Business Report 2013/14FACTS AND FIGURES

Miele & Cie. KGCorporate CommunicationsCarl-Miele-Straße 29D-33332 Gütersloh

Contact:Carsten PrudentTel.: +49 ( 0 )5241/89-1951Email: [email protected]

Miele offers post-graduates with a bachelor’s

or master’s degree an on-the-job trainee pro-

gramme in preparation for a career in middle or

top management. This scheme celebrated its

25th anniversary during the reporting period. Of

the 121 past trainees, 73 are still in employment

with the company and 35 are in managerial posi-

tions. A further entry option is afforded by the

Master@Miele programme which is aimed at

2009/10 2010/11 2011/12 2012/13 2013/14

Worldwide turnover * 2.83 2.95 3.04 3.15 3.22

thereof in Germany 0.84 0.87 0.91 0.95 0.98

Year-on-year change + 2.2 % + 4.0 % + 3.1% + 3.8% + 2.2%

No. of employees 16,561 16,624 16,716 17,251 17,660

thereof in Germany 10,324 10,302 10,327 10,379 10,411

Year-on-year change ± 0 % +0.4 % +0.6 % + 3.2 % +2.4 %

* in EUR bn

Miele sales and workforce development

Miele sales subsidiaries

supporting young bachelor graduates in techni-

cal professions in studying for a master’s degree

by offering for example flexible working hours

and an additional further education curriculum.

During the past business year, the Miele Group

invested to the tune of € 188 m. This is some

€ 25 m, or 12%, less than in the previous year

which was characterised by the biggest product

and innovation offensive in the history of the

company, as reflected in an all-time investment

high. The focus during the year under review was

the modernisation of production plant and equip-

ment at several production facilities, new office

premises and the extension of the central high-

bay transshipment warehouse at the company’s

headquarters in Gütersloh. Work on increasing

the capacity of logistics at Miele Gütersloh will

continue to be a focus of investment in the now

current 2014/15 business year.

Hands-on kitchen at Miele Gallery in Berlin

Page 2: Business Report 2013/14 - Mielepress.miele.com/media/presse/media/Miele_GB_2013-14_EN_web.pdf · Hands-on kitchen at Miele Gallery in Berlin. € 3.22 bn sales in 2013/14 financial

€ 3.22 bn sales in 2013/14 financial year ATH in sales and employment Change at board level completed on plan

family-owned company’, Executive Director and

Co-Proprietor Dr. Reinhard Zinkann confirms.

In product terms, Miele is increasingly profiting

from the gradual worldwide introduction of the

new 6000 (built-in appliances) and W1/T1 (laun-

dry care) generations. The world market launch

of the Scout RX1, Miele’s first robotic vacuum

cleaner, in May 2014 exceeded expectations in

many countries, including Germany. IFA 2014

will see the launch of new flagship washing

machines and tumble dryers offering further

unique selling propositions and superb consumer

benefits. At the same time, the company is to

present a completely restructured vacuum clean-

er range which not only does justice to the new

EU energy labelling legislation but also caters

for real consumer needs.

Current test winnerMiele is emphasising its leading role in combin-

ing user benefits and ecology: on the one hand

by offering mature and intelligent networking

solutions, for example those which connect

appliances to roof-top PV or solar-thermal

installations – and on the other by presenting

exclusive features during the reporting period

such as integrated automatic dispensing for

whites and coloureds which cuts detergent

consumption by 30%. A further forte lies in the

fact that Miele always guarantees maximum

energy efficiency – but without the overly long

cycle times which otherwise apply.

‘Consumers have every right to associate the

name of Miele with excellent consumption

values whilst still expecting top marks for the

quality of results, user convenience and design’,

Dr. Eduard Sailer, Director responsible for techni-

cal affairs, confirms. The results published by

Germany’s highly reputable consumer watchdog

Stiftung Warentest bear this out: Miele currently

has winners in virtually all relevant categories

such as washing machines, washer-dryers,

heat-pump dryers, vacuum cleaners, ovens,

refrigerators and dishwashers. The ‘Edition 111’

campaign series, which ties in with Miele’s 111-

year long expertise in the field of laundry care,

is turning out to be the most successful Miele

campaign of all times, with sales of washing

machines and tumble dryers topping the 1 m

mark since autumn 2012. On the kitchen appli-

ance and vacuum cleaner fronts, Miele was able

to increase its market shares by value in western

Europe once again in the first half of 2014,

according to the market researchers GfK.

According to the company, further milestones of

success are its clear commitment to Miele as the

only brand in its portfolio combined with a global

positioning in the premium segment and a focus

on partnering with specialist dealers able to

provide expert advice. ‘Maintaining and nurturing

these ties whilst at the same time opening up

new sales channels such as the Internet with

a sense of proportion is a challenge for any pre-

mium brand’, says Dr Heiner Olbrich, Director for

Marketing and Sales, due to resign for personal

reasons on September 30, 2014. Given its repu-

tation and credibility amongst sales partners and

consumers alike, Miele is well equipped to rise

to this challenge. Olbrich’s designated succes-

sor, on board since August 1, is Dr Axel Kniehl,

previously Vice President of the Whirlpool Corpo-

ration, responsible for Northern and Continental

Europe and at the same time CEO of Bauknecht.

The family-owned Miele company has once again met its target of achieving sustainable growth throughout the ups and downs of the economic cycle: The world’s leading manufacturer of premium domestic appliances reported turnover of € 3.22 bn in the 2013/14 financial year ending on June 30, 2014. This amounts to a year-on-year increase of € 69 m or 2.2%. Worldwide, the Miele Group now employs a workforce of 17,660. Investments over the period under review amounted to € 188 m.

Miele increases turnover by 2.2%

Strong euro slows businessOutside Germany, turnover growth of 1.9%

has been achieved, whereby Miele has reported

in part good double-digit growth in the strategi-

cally important markets in the USA, China and

Russia, albeit for the most part negated by unfa-

vourable exchange rates. Miele saw above-aver-

age growth in Australia, its third-largest sales

market outside Germany after the USA and

Switzerland, although this was transformed into

a double-digit drop after conversion into euros.

On a more positive note, it is worth mentioning

that the debt crisis in the worst-hit countries in

southern Europe did not worsen during the

period under review. Around the world, Miele

is still represented in 47 countries by its own

sales subsidiaries and in a further 50 markets

through importers.

Despite a worldwide decline in the propensity

to invest, Miele’s Professional division reported

above-average growth of 3.9% and now

contributes € 418 m, or 13%, towards total

company turnover. In this case, new dishwashers

promising shorter cycle times, reduced con-

sumption and particularly hygienic results

provided new impetus. The same applies to

attractive and well-endowed campaign models

to mark 90 years of involvement in the commer-

cial laundry field and the full-service philosophy

in the area of medical technology (System4Med

and System4Dent). A large proportion of the

growth in Miele Professional came from a

traditionally strong service division, with around

340 Miele service engineers in Germany alone.

Services range from commissioning and

machine validation and repair work in the event

of faults through to comprehensive service and

maintenance contracts. The number of active

contracts grew during the period under review

by around 20%.

All-time workforce highAs per June 30, 2014, Miele employed a staff

of 17,660 around the globe. This corresponds

to an increase in the size of the workforce of

409 or 2.4%. In Germany, 10,411 employees

are on the Miele payroll (up 0.3%).

At the Miele Group’s German locations there

are currently 465 young people in one of 33

commercial or technical apprenticeship profes-

sions. Of these, approximately 130 are engaged

in one of 11 dual courses of studies leading

to professional qualifications as well as a

bachelor’s degree in subjects such as mechani-

cal, electrical and industrial engineering and

business administration.

In a year marked by the largest product and

innovation offensive in its history, Miele

renewed virtually its entire range of domestic

appliances – and was able to more than com-

pensate for the inclement economic conditions

which prevailed in key sales markets. Here,

a stronger euro, in particular, had a noticeable

restraining effect on exports. Consequently,

turnover growth taking currency effects

into account would have been in excess of

5% or more than twice as high as in euros.

Against this backdrop, business was ‘quite

satisfactory’, according to Olaf Bartsch, Miele

Group board member responsible for finances

and adminis tration. In Germany, Miele sales

reached € 978 m, equating to growth of € 23 m,

or 2.4%. Germany’s share of turnover grew

slightly and now stands at 30.6%.

Despite continued political unrest, with respect

for example to the instability in the Middle

East and the crisis in the Ukraine, the Board of

Directors has formulated growth targets for the

2014/15 business year as being in the same

order of magnitude as in recent years.

Long-term growth‘At this point, Miele is well positioned to achieve

further growth with respect to turnover, unit

sales and market shares, even under less favour-

able market conditions’, says Dr Markus Miele,

Executive Director and Co-Proprietor of the

domestic appliance pioneer. In this, Miele is

helped along by a corporate strategy based

on long-termism with a focus on quality and

consumer bene fits, organic growth based on

the company’s own production and invest -

ments funded out of Miele’s own equity. ‘Being

independent of the vested interests of third-

party money lenders strengthens Miele’s position

as an independent and unaffiliated German ,

Miele’s Executive Board (photo above, left to right) Dr Eduard Sailer, Dr Markus Miele, Olaf Bartsch, Dr Reinhard Zinkann, Dr Heiner Olbrich (until September 30, 2014) Dr Axel Kniehl(since August 1, 2014)

Page 3: Business Report 2013/14 - Mielepress.miele.com/media/presse/media/Miele_GB_2013-14_EN_web.pdf · Hands-on kitchen at Miele Gallery in Berlin. € 3.22 bn sales in 2013/14 financial

€ 3.22 bn sales in 2013/14 financial year ATH in sales and employment Change at board level completed on plan

family-owned company’, Executive Director and

Co-Proprietor Dr. Reinhard Zinkann confirms.

In product terms, Miele is increasingly profiting

from the gradual worldwide introduction of the

new 6000 (built-in appliances) and W1/T1 (laun-

dry care) generations. The world market launch

of the Scout RX1, Miele’s first robotic vacuum

cleaner, in May 2014 exceeded expectations in

many countries, including Germany. IFA 2014

will see the launch of new flagship washing

machines and tumble dryers offering further

unique selling propositions and superb consumer

benefits. At the same time, the company is to

present a completely restructured vacuum clean-

er range which not only does justice to the new

EU energy labelling legislation but also caters

for real consumer needs.

Current test winnerMiele is emphasising its leading role in combin-

ing user benefits and ecology: on the one hand

by offering mature and intelligent networking

solutions, for example those which connect

appliances to roof-top PV or solar-thermal

installations – and on the other by presenting

exclusive features during the reporting period

such as integrated automatic dispensing for

whites and coloureds which cuts detergent

consumption by 30%. A further forte lies in the

fact that Miele always guarantees maximum

energy efficiency – but without the overly long

cycle times which otherwise apply.

‘Consumers have every right to associate the

name of Miele with excellent consumption

values whilst still expecting top marks for the

quality of results, user convenience and design’,

Dr. Eduard Sailer, Director responsible for techni-

cal affairs, confirms. The results published by

Germany’s highly reputable consumer watchdog

Stiftung Warentest bear this out: Miele currently

has winners in virtually all relevant categories

such as washing machines, washer-dryers,

heat-pump dryers, vacuum cleaners, ovens,

refrigerators and dishwashers. The ‘Edition 111’

campaign series, which ties in with Miele’s 111-

year long expertise in the field of laundry care,

is turning out to be the most successful Miele

campaign of all times, with sales of washing

machines and tumble dryers topping the 1 m

mark since autumn 2012. On the kitchen appli-

ance and vacuum cleaner fronts, Miele was able

to increase its market shares by value in western

Europe once again in the first half of 2014,

according to the market researchers GfK.

According to the company, further milestones of

success are its clear commitment to Miele as the

only brand in its portfolio combined with a global

positioning in the premium segment and a focus

on partnering with specialist dealers able to

provide expert advice. ‘Maintaining and nurturing

these ties whilst at the same time opening up

new sales channels such as the Internet with

a sense of proportion is a challenge for any pre-

mium brand’, says Dr Heiner Olbrich, Director for

Marketing and Sales, due to resign for personal

reasons on September 30, 2014. Given its repu-

tation and credibility amongst sales partners and

consumers alike, Miele is well equipped to rise

to this challenge. Olbrich’s designated succes-

sor, on board since August 1, is Dr Axel Kniehl,

previously Vice President of the Whirlpool Corpo-

ration, responsible for Northern and Continental

Europe and at the same time CEO of Bauknecht.

The family-owned Miele company has once again met its target of achieving sustainable growth throughout the ups and downs of the economic cycle: The world’s leading manufacturer of premium domestic appliances reported turnover of € 3.22 bn in the 2013/14 financial year ending on June 30, 2014. This amounts to a year-on-year increase of € 69 m or 2.2%. Worldwide, the Miele Group now employs a workforce of 17,660. Investments over the period under review amounted to € 188 m.

Miele increases turnover by 2.2%

Strong euro slows businessOutside Germany, turnover growth of 1.9%

has been achieved, whereby Miele has reported

in part good double-digit growth in the strategi-

cally important markets in the USA, China and

Russia, albeit for the most part negated by unfa-

vourable exchange rates. Miele saw above-aver-

age growth in Australia, its third-largest sales

market outside Germany after the USA and

Switzerland, although this was transformed into

a double-digit drop after conversion into euros.

On a more positive note, it is worth mentioning

that the debt crisis in the worst-hit countries in

southern Europe did not worsen during the

period under review. Around the world, Miele

is still represented in 47 countries by its own

sales subsidiaries and in a further 50 markets

through importers.

Despite a worldwide decline in the propensity

to invest, Miele’s Professional division reported

above-average growth of 3.9% and now

contributes € 418 m, or 13%, towards total

company turnover. In this case, new dishwashers

promising shorter cycle times, reduced con-

sumption and particularly hygienic results

provided new impetus. The same applies to

attractive and well-endowed campaign models

to mark 90 years of involvement in the commer-

cial laundry field and the full-service philosophy

in the area of medical technology (System4Med

and System4Dent). A large proportion of the

growth in Miele Professional came from a

traditionally strong service division, with around

340 Miele service engineers in Germany alone.

Services range from commissioning and

machine validation and repair work in the event

of faults through to comprehensive service and

maintenance contracts. The number of active

contracts grew during the period under review

by around 20%.

All-time workforce highAs per June 30, 2014, Miele employed a staff

of 17,660 around the globe. This corresponds

to an increase in the size of the workforce of

409 or 2.4%. In Germany, 10,411 employees

are on the Miele payroll (up 0.3%).

At the Miele Group’s German locations there

are currently 465 young people in one of 33

commercial or technical apprenticeship profes-

sions. Of these, approximately 130 are engaged

in one of 11 dual courses of studies leading

to professional qualifications as well as a

bachelor’s degree in subjects such as mechani-

cal, electrical and industrial engineering and

business administration.

In a year marked by the largest product and

innovation offensive in its history, Miele

renewed virtually its entire range of domestic

appliances – and was able to more than com-

pensate for the inclement economic conditions

which prevailed in key sales markets. Here,

a stronger euro, in particular, had a noticeable

restraining effect on exports. Consequently,

turnover growth taking currency effects

into account would have been in excess of

5% or more than twice as high as in euros.

Against this backdrop, business was ‘quite

satisfactory’, according to Olaf Bartsch, Miele

Group board member responsible for finances

and adminis tration. In Germany, Miele sales

reached € 978 m, equating to growth of € 23 m,

or 2.4%. Germany’s share of turnover grew

slightly and now stands at 30.6%.

Despite continued political unrest, with respect

for example to the instability in the Middle

East and the crisis in the Ukraine, the Board of

Directors has formulated growth targets for the

2014/15 business year as being in the same

order of magnitude as in recent years.

Long-term growth‘At this point, Miele is well positioned to achieve

further growth with respect to turnover, unit

sales and market shares, even under less favour-

able market conditions’, says Dr Markus Miele,

Executive Director and Co-Proprietor of the

domestic appliance pioneer. In this, Miele is

helped along by a corporate strategy based

on long-termism with a focus on quality and

consumer bene fits, organic growth based on

the company’s own production and invest -

ments funded out of Miele’s own equity. ‘Being

independent of the vested interests of third-

party money lenders strengthens Miele’s position

as an independent and unaffiliated German ,

Miele’s Executive Board (photo above, left to right) Dr Eduard Sailer, Dr Markus Miele, Olaf Bartsch, Dr Reinhard Zinkann, Dr Heiner Olbrich (until September 30, 2014) Dr Axel Kniehl(since August 1, 2014)

Page 4: Business Report 2013/14 - Mielepress.miele.com/media/presse/media/Miele_GB_2013-14_EN_web.pdf · Hands-on kitchen at Miele Gallery in Berlin. € 3.22 bn sales in 2013/14 financial

€ 3.22 bn sales in 2013/14 financial year ATH in sales and employment Change at board level completed on plan

family-owned company’, Executive Director and

Co-Proprietor Dr. Reinhard Zinkann confirms.

In product terms, Miele is increasingly profiting

from the gradual worldwide introduction of the

new 6000 (built-in appliances) and W1/T1 (laun-

dry care) generations. The world market launch

of the Scout RX1, Miele’s first robotic vacuum

cleaner, in May 2014 exceeded expectations in

many countries, including Germany. IFA 2014

will see the launch of new flagship washing

machines and tumble dryers offering further

unique selling propositions and superb consumer

benefits. At the same time, the company is to

present a completely restructured vacuum clean-

er range which not only does justice to the new

EU energy labelling legislation but also caters

for real consumer needs.

Current test winnerMiele is emphasising its leading role in combin-

ing user benefits and ecology: on the one hand

by offering mature and intelligent networking

solutions, for example those which connect

appliances to roof-top PV or solar-thermal

installations – and on the other by presenting

exclusive features during the reporting period

such as integrated automatic dispensing for

whites and coloureds which cuts detergent

consumption by 30%. A further forte lies in the

fact that Miele always guarantees maximum

energy efficiency – but without the overly long

cycle times which otherwise apply.

‘Consumers have every right to associate the

name of Miele with excellent consumption

values whilst still expecting top marks for the

quality of results, user convenience and design’,

Dr. Eduard Sailer, Director responsible for techni-

cal affairs, confirms. The results published by

Germany’s highly reputable consumer watchdog

Stiftung Warentest bear this out: Miele currently

has winners in virtually all relevant categories

such as washing machines, washer-dryers,

heat-pump dryers, vacuum cleaners, ovens,

refrigerators and dishwashers. The ‘Edition 111’

campaign series, which ties in with Miele’s 111-

year long expertise in the field of laundry care,

is turning out to be the most successful Miele

campaign of all times, with sales of washing

machines and tumble dryers topping the 1 m

mark since autumn 2012. On the kitchen appli-

ance and vacuum cleaner fronts, Miele was able

to increase its market shares by value in western

Europe once again in the first half of 2014,

according to the market researchers GfK.

According to the company, further milestones of

success are its clear commitment to Miele as the

only brand in its portfolio combined with a global

positioning in the premium segment and a focus

on partnering with specialist dealers able to

provide expert advice. ‘Maintaining and nurturing

these ties whilst at the same time opening up

new sales channels such as the Internet with

a sense of proportion is a challenge for any pre-

mium brand’, says Dr Heiner Olbrich, Director for

Marketing and Sales, due to resign for personal

reasons on September 30, 2014. Given its repu-

tation and credibility amongst sales partners and

consumers alike, Miele is well equipped to rise

to this challenge. Olbrich’s designated succes-

sor, on board since August 1, is Dr Axel Kniehl,

previously Vice President of the Whirlpool Corpo-

ration, responsible for Northern and Continental

Europe and at the same time CEO of Bauknecht.

The family-owned Miele company has once again met its target of achieving sustainable growth throughout the ups and downs of the economic cycle: The world’s leading manufacturer of premium domestic appliances reported turnover of € 3.22 bn in the 2013/14 financial year ending on June 30, 2014. This amounts to a year-on-year increase of € 69 m or 2.2%. Worldwide, the Miele Group now employs a workforce of 17,660. Investments over the period under review amounted to € 188 m.

Miele increases turnover by 2.2%

Strong euro slows businessOutside Germany, turnover growth of 1.9%

has been achieved, whereby Miele has reported

in part good double-digit growth in the strategi-

cally important markets in the USA, China and

Russia, albeit for the most part negated by unfa-

vourable exchange rates. Miele saw above-aver-

age growth in Australia, its third-largest sales

market outside Germany after the USA and

Switzerland, although this was transformed into

a double-digit drop after conversion into euros.

On a more positive note, it is worth mentioning

that the debt crisis in the worst-hit countries in

southern Europe did not worsen during the

period under review. Around the world, Miele

is still represented in 47 countries by its own

sales subsidiaries and in a further 50 markets

through importers.

Despite a worldwide decline in the propensity

to invest, Miele’s Professional division reported

above-average growth of 3.9% and now

contributes € 418 m, or 13%, towards total

company turnover. In this case, new dishwashers

promising shorter cycle times, reduced con-

sumption and particularly hygienic results

provided new impetus. The same applies to

attractive and well-endowed campaign models

to mark 90 years of involvement in the commer-

cial laundry field and the full-service philosophy

in the area of medical technology (System4Med

and System4Dent). A large proportion of the

growth in Miele Professional came from a

traditionally strong service division, with around

340 Miele service engineers in Germany alone.

Services range from commissioning and

machine validation and repair work in the event

of faults through to comprehensive service and

maintenance contracts. The number of active

contracts grew during the period under review

by around 20%.

All-time workforce highAs per June 30, 2014, Miele employed a staff

of 17,660 around the globe. This corresponds

to an increase in the size of the workforce of

409 or 2.4%. In Germany, 10,411 employees

are on the Miele payroll (up 0.3%).

At the Miele Group’s German locations there

are currently 465 young people in one of 33

commercial or technical apprenticeship profes-

sions. Of these, approximately 130 are engaged

in one of 11 dual courses of studies leading

to professional qualifications as well as a

bachelor’s degree in subjects such as mechani-

cal, electrical and industrial engineering and

business administration.

In a year marked by the largest product and

innovation offensive in its history, Miele

renewed virtually its entire range of domestic

appliances – and was able to more than com-

pensate for the inclement economic conditions

which prevailed in key sales markets. Here,

a stronger euro, in particular, had a noticeable

restraining effect on exports. Consequently,

turnover growth taking currency effects

into account would have been in excess of

5% or more than twice as high as in euros.

Against this backdrop, business was ‘quite

satisfactory’, according to Olaf Bartsch, Miele

Group board member responsible for finances

and adminis tration. In Germany, Miele sales

reached € 978 m, equating to growth of € 23 m,

or 2.4%. Germany’s share of turnover grew

slightly and now stands at 30.6%.

Despite continued political unrest, with respect

for example to the instability in the Middle

East and the crisis in the Ukraine, the Board of

Directors has formulated growth targets for the

2014/15 business year as being in the same

order of magnitude as in recent years.

Long-term growth‘At this point, Miele is well positioned to achieve

further growth with respect to turnover, unit

sales and market shares, even under less favour-

able market conditions’, says Dr Markus Miele,

Executive Director and Co-Proprietor of the

domestic appliance pioneer. In this, Miele is

helped along by a corporate strategy based

on long-termism with a focus on quality and

consumer bene fits, organic growth based on

the company’s own production and invest -

ments funded out of Miele’s own equity. ‘Being

independent of the vested interests of third-

party money lenders strengthens Miele’s position

as an independent and unaffiliated German ,

Miele’s Executive Board (photo above, left to right) Dr Eduard Sailer, Dr Markus Miele, Olaf Bartsch, Dr Reinhard Zinkann, Dr Heiner Olbrich (until September 30, 2014) Dr Axel Kniehl(since August 1, 2014)

Page 5: Business Report 2013/14 - Mielepress.miele.com/media/presse/media/Miele_GB_2013-14_EN_web.pdf · Hands-on kitchen at Miele Gallery in Berlin. € 3.22 bn sales in 2013/14 financial

Business Report 2013/14FACTS AND FIGURES

Miele & Cie. KGCorporate CommunicationsCarl-Miele-Straße 29D-33332 Gütersloh

Contact:Carsten PrudentTel.: +49 ( 0 )5241/89-1951Email: [email protected]

Miele offers post-graduates with a bachelor’s

or master’s degree an on-the-job trainee pro-

gramme in preparation for a career in middle or

top management. This scheme celebrated its

25th anniversary during the reporting period. Of

the 121 past trainees, 73 are still in employment

with the company and 35 are in managerial posi-

tions. A further entry option is afforded by the

Master@Miele programme which is aimed at

2009/10 2010/11 2011/12 2012/13 2013/14

Worldwide turnover * 2.83 2.95 3.04 3.15 3.22

thereof in Germany 0.84 0.87 0.91 0.95 0.98

Year-on-year change + 2.2 % + 4.0 % + 3.1% + 3.8% + 2.2%

No. of employees 16,561 16,624 16,716 17,251 17,660

thereof in Germany 10,324 10,302 10,327 10,379 10,411

Year-on-year change ± 0 % +0.4 % +0.6 % + 3.2 % +2.4 %

* in EUR bn

Miele sales and workforce development

Miele sales subsidiaries

supporting young bachelor graduates in techni-

cal professions in studying for a master’s degree

by offering for example flexible working hours

and an additional further education curriculum.

During the past business year, the Miele Group

invested to the tune of € 188 m. This is some

€ 25 m, or 12%, less than in the previous year

which was characterised by the biggest product

and innovation offensive in the history of the

company, as reflected in an all-time investment

high. The focus during the year under review was

the modernisation of production plant and equip-

ment at several production facilities, new office

premises and the extension of the central high-

bay transshipment warehouse at the company’s

headquarters in Gütersloh. Work on increasing

the capacity of logistics at Miele Gütersloh will

continue to be a focus of investment in the now

current 2014/15 business year.

Hands-on kitchen at Miele Gallery in Berlin

Page 6: Business Report 2013/14 - Mielepress.miele.com/media/presse/media/Miele_GB_2013-14_EN_web.pdf · Hands-on kitchen at Miele Gallery in Berlin. € 3.22 bn sales in 2013/14 financial

Business Report 2013/14FACTS AND FIGURES

Miele & Cie. KGCorporate CommunicationsCarl-Miele-Straße 29D-33332 Gütersloh

Contact:Carsten PrudentTel.: +49 ( 0 )5241/89-1951Email: [email protected]

Miele offers post-graduates with a bachelor’s

or master’s degree an on-the-job trainee pro-

gramme in preparation for a career in middle or

top management. This scheme celebrated its

25th anniversary during the reporting period. Of

the 121 past trainees, 73 are still in employment

with the company and 35 are in managerial posi-

tions. A further entry option is afforded by the

Master@Miele programme which is aimed at

2009/10 2010/11 2011/12 2012/13 2013/14

Worldwide turnover * 2.83 2.95 3.04 3.15 3.22

thereof in Germany 0.84 0.87 0.91 0.95 0.98

Year-on-year change + 2.2 % + 4.0 % + 3.1% + 3.8% + 2.2%

No. of employees 16,561 16,624 16,716 17,251 17,660

thereof in Germany 10,324 10,302 10,327 10,379 10,411

Year-on-year change ± 0 % +0.4 % +0.6 % + 3.2 % +2.4 %

* in EUR bn

Miele sales and workforce development

Miele sales subsidiaries

supporting young bachelor graduates in techni-

cal professions in studying for a master’s degree

by offering for example flexible working hours

and an additional further education curriculum.

During the past business year, the Miele Group

invested to the tune of € 188 m. This is some

€ 25 m, or 12%, less than in the previous year

which was characterised by the biggest product

and innovation offensive in the history of the

company, as reflected in an all-time investment

high. The focus during the year under review was

the modernisation of production plant and equip-

ment at several production facilities, new office

premises and the extension of the central high-

bay transshipment warehouse at the company’s

headquarters in Gütersloh. Work on increasing

the capacity of logistics at Miele Gütersloh will

continue to be a focus of investment in the now

current 2014/15 business year.

Hands-on kitchen at Miele Gallery in Berlin