Duravit reports further growth in turnover and profits in 2013

Duravit Group, one of the largest multinational manufacturers of sanitaryware and bathroom furnishings, passed the 380 million euro turnover mark for the first time in 2013 following 4.1% growth over 2012 (a nominal 0.6% increase considering exchange rate fluctuations). The company also reported growth in after-tax profits and operating cashflow. Production in the "ceramic sanitaryware" segment saw above-average growth (+4.3%).

Frank Richter, CEO of Duravit AG (pictured), confirmed that the group has seen sales growth in all its major markets, with the biggest increases in China, USA, Tunisia, Turkey and UK. The share of turnover deriving from international sales was 81%. The facilities operating in Egypt, India, China and Tunisia also performed strongly.

The German multinational has operations in 120 countries, 5,700 employees and shareholdings in 35 different companies.

In Germany, Duravit made its biggest investment in the Meißen facility, which included renovation of the Duravit Technology Center (DTC) opened in March 2014, now the most modern of the 13 Duravit training and exhibition centres around the world.