1.067 billion in sales

The HOERBIGER Group closed out the 2016 fiscal year with sales of 1.067 billion euros, which is 48.1 million below the previous year’s level of 1.115 billion euros. After goodwill write-downs,the Group’s earnings before interest and taxes totaled 2.9 million euros, falling considerably short of the figure of 71.4 million euros achieved the year before.