Ziehl-Abegg: 2020 as roller coaster ride

“2020 was like a roller coaster ride: border closures, material loss, collapse in sales and order increases all rapidly succeeded each other,” recalled Peter Fenkl from Ziehl-Abegg.

Fenkl is the chairman of the Board of Directors of the global electrical motor and ventilator manufacturer. In 2020, the south German company made sales of 639 million euros (previous year: 633 million euros); this was an increase of about one percent. In the current year, the development to date points to a good growth in sales, according to the company.

Ziehl-Abegg had to quickly abandon its original sales plans in the previous year. The fact that in sections, for example, in the field of drive technology for lifts, there was already a very good sales development was unable to compensate for the collapse in aviation technology.

More information: ziehl-abegg.com