Financial year 2022: Revenue Growth against a Backdrop of Massively Higher Energy and Raw Material Costs
As a global company with an export percentage of 67%, the Koehler Group is dependent on global economic conditions to a large extent. Both high inflation and Russia’s war of aggression against Ukraine had a decisive impact on the company’s 2022 financial year. The fact that the family-run business is part of an energy-intensive industry meant that it was heavily affected by mas-sively higher energy prices. Average annual energy prices on the market shot up by just under 170% in comparison to the preceding year. Against this backdrop of significantly higher energy and raw material prices in the 2022 financial year and the resulting price increases for products, the storied company earned annual revenue of 1.323 billion euros while employing approximately 2,500 people.