GROUP MANAGEMENT REPORT
In a challenging and uncertain economic environment, the Wilo Group was again able to slightly increase its net sales year on year. Profitability remained high, although the earnings of the previous year were not quite equalled. Important investments in the Wilo Group’s future prospects were made consistently and on schedule. Wilo made significant progress on the key issue of digitalisation and the strategic location development project in Dortmund. It increased its market presence in dynamically growing emerging economies and enhanced the product portfolio in a targeted manner. The introduction of innovative products and services reinforced Wilo’s position as an innovation and technology leader. Despite difficult external conditions, the foundations for accelerated, profitable growth were thus successfully reinforced.