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Zeppelin completes financial year with a record

Targeted digitization and acquisitions contribute to success
Zeppelin completes financial year with a record

Zeppelin completes financial year with a record
The Management Board of the Zeppelin Group: Michael Heidemann, Peter Gerstmann, Alexandra Mebus, Christian Dummler Picture: Zeppelin

The Zeppelin Group finishes the 2018 financial year having achieved the highest revenue in its history, and has once again exceeded the previous year’s result. Group sales totaled Eur 2.9 billion (previous year: Eur 2.62 billion), Group earnings before tax increased to EUR 131 million (previous year: EUR 97.7 million). In 2018, Creditreform Rating AG rated the Zeppelin Group’s creditworthiness as A- for the third consecutive time, and stated that its outlook is stable. The total investment volume was around 279 million Euro. The company is forecasting largely stable financial conditions for 2019.

“With revenue of EUR 2.9 billion, the Zeppelin Group has just completed the best financial year in the company’s history,” comments Peter Gerstmann, Chairman of the Management Board of Zeppelin GmbH. “We have further increased both our order entry and revenue in 2018. We also concentrated on driving forward the digital transformation of our existing business and the development of new digital business models.“

The Zeppelin Group is working on the assumption of fundamentally stable economic conditions for the 2019 financial year, although there may be slightly less dynamic growth in some market segments. The uncertainty of the political situation may have a dampening effect on markets in Russia and the CIS countries in particular.

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