Industrial gas specialist Messer achieved worldwide sales of €1.029bn in fiscal year 2011 and was therefore able to better the total sales in 2010 by some €120m. The EBITDA in 2011 was approximately €241m.
“The world economy is in a state of upheaval - Asia is developing into the largest and most dynamic economic region on our planet. We invested early in growth regions and future markets. Our successful return to the German gas market was also an important and correct step,”
declares Stefan Messer, owner and Chief Executive Officer of the Messer Group.
The family-owned company invested a further €191m in the expansion of its core business.
“The investments of the Messer Group are aimed at ensuring the economic security of the existing business and at utilising cost-effective growth potential,” stated Dr. Hans-Gerd Wienands, Chief Financial Officer at the Messer Group.
He added, “Messer invested primarily in projects which guarantee products are supplied with industrial gases and offer opportunities for profitable growth.”
Typical of the fiscal 2011 year in Europe were the high increases in sales.
A detailed analysis of how Messer broken the billion barrier will follow shortly on Gasworld.com