Dominik Plonner
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dominik.plonner@hartmann.info
+49 7321 36 1312
Heidenheim, May 28, 2020. “The coronavirus pandemic was the defining issue for the HARTMANN GROUP in the first quarter of 2020. The business was strengthened during the period as a result of increased customer demand for disinfectants and protective equipment, as well as intensive measures to increase production capacities and the procurement of supplies despite difficulties in supply markets," says Britta Fünfstück, CEO of the HARTMANN GROUP. “HARTMANN recorded strong organic sales growth of 11.9% and a significant improvement in results as compared to the same period in the previous year. Sales revenues were at a total of EUR 603.5 million, and adjusted EBITDA was at EUR 73.6 million. Starting in the second quarter, however, negative effects of COVID-19 will also influence the business as a result of shifting plannable operations, decreased patients visits at doctors’ offices, and procurement bottlenecks.”
Despite changes caused by the coronavirus, HARTMANN has pressed ahead with the implementation of its strategic transformation program, reaching important milestones in the central fields of activity. The implementation of the EU Medical Devices Directive (MDR) has also progressed. “Although the MDR deadline was postponed by one year to May 2021 due to the coronavirus pandemic, HARTMANN will adhere to the planned timeframe. As a result, the company will be able to focus even more strongly on innovation,” explains Fünfstück.
The HARTMANN GROUP is one of the leading European providers of professional medical and care products and associated services. Every day, healthcare professionals and patients rely on HARTMANN brands in the segments of Incontinence Management (e.g. MoliCare®), Wound Care (e.g. Zetuvit®, Cosmopor®) and Infection Management (e. g. Sterillium®). This is expressed in our brand promise of “Helps. Cares. Protects.” HARTMANN generated sales of EUR 2.3 billion in the 2023 financial year. Founded in 1818, the Company sells its products and solutions in 130 countries around the world. For the future, the HARTMANN GROUP is currently implementing its strategic Transformation Program with its high-performance, customer-oriented and passionate team.
To learn more about the HARTMANN GROUP, visit www.corporate.hartmann.info.