Ziehl-Abegg sales top 500million euros

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Published: 11 December 2017


Ziehl-Abegg says demand for its energy saving products has helped it towards sales in excess of half a billion euros in 2017.

The German company, which develops, builds and sells fans and electric motors, expects sales to reach 530 million euros by the end of the year, around 10 per cent up on the 2016 figure of 484 million euros.

CEO Peter Fenkl confirmed that turnover topped 500million euros by the end of November, helped by worlwide demand for its products, including low energy fans for ventilation and cooling.