2017 annual financial statements: Sedus Stoll Group remains on track for success / Outstanding start to the 2018 financial year (FOTO)

Waldshut (ots) -

With an annual surplus of EUR 9.9 million (2016: EUR 9.5 million),
2017 proved to be another successful year for the Sedus Stoll Group.

Turnover was up and there was also a similarly strong increase in
the order volume of 1.4% by the end of the year to hit a total of EUR
191.2 million (EUR 188.5 million). Incoming orders rose by 6.6%, a
figure which is more dynamic than the overall office furniture market
and, as such, the Sedus Stoll Group expanded its market share even
further.

The areas of the Sedus Stoll Group in detail

The Sedus Seating product area (office seating, furniture for
communicating and contract furniture) reported a total growth of 3.4%
in orders to EUR 100 million compared to the previous year. At 3.5%
and 3.1% respectively, the growth rates at home and abroad were
similar.

In the Sedus Systems product area (office furniture, desks and
cabinet systems) the order volume grew by a total of 16.8% to EUR
76.2 million with a growth rate of 18.8% at home and 14.5% abroad.

In contrast, a 9.5% drop in orders was recorded at Klöber (office
seating, conference and lounge furniture).

The 2018 financial year also looks promising

2018 has also got off to a great start. By the end of April,
increases in incoming orders of 8.2% and in turnover of 8.4% had been
recorded to complement the already high order volume.

The economic upswing in the office furniture sector remains
clearly evident this year as does positive order development in the
Sedus Stoll Group. The main driving force behind this is an issue
which affects virtually all companies today: the organisation of
their knowledge-based and creative processes.

People and their ideas are the most precious productive capital
and also central to a company's success. The clear shift from manual
tasks to mental labour and knowledge-based work cannot be stopped and
the generational change in office settings is now in full progress.

As a technology pioneer and office furniture expert, Sedus has
dealt intensively with the "Office of the Future" by market
observation and research, especially on the topic of knowledge
sharing and learning environments. Holger Jahnke, Speaker for the
Sedus Stoll AG Board: "Future-proof office landscapes must be
flexible in order to accommodate changes in activities and
requirements. Our flexible and intelligent installations provide the
ideal setting for concentrating, communicating, collaboration and
contemplation. We help companies to make future- proof investments.
To this end, we require an analysis of working processes and methods
as well as an understanding of the goals and identity of the company
in question.

Only then we can focus on creating a tailor-made plan. It goes
without saying that our service also includes user instructions,
accompanying services, products and availability guarantees. We call
this the "Sedus Future Proof" package and it includes professional
advice, comprehensive services, products which can be used in the
long term and the confidence of not just being well equipped for the
future, but also well positioned."

2018 outlook: Sedus has reinvented the swivel chair

At this year's upcoming international office furniture trade fair
Orgatec 2018, Sedus Stoll will be presenting several product
innovations, at least two of which represent milestones in the
company's history.

With its legendary "Federdreh", the very first spring-mounted and
internationally patented swivel chair (1926), the first swivel chair
to feature castors (1929) and numerous pioneering patents, including,
for example, the "Similar" mechanism (1973) and the "Similar-Swing"
mechanism (2012), Sedus has set international standards which
continue to prevail today.

In October of this year, Sedus will be launching two swivel chairs
which, up to now, have not been technically possible. The designers
and engineers at Sedus were able to make the impossible possible in
these masterpieces thanks to the use of state-of-the-art high-tech
materials and methods and their single- minded belief in their
innovative strength.

Contact:
Sedus Presseagentur
Joachim Sparenberg
Tel: +49 (0)7741 8355003
Email: sparenberg-pr@web.de

Original-Content von: Sedus Stoll AG, übermittelt durch news aktuell