Biesterfeld AG, Hamburg, continues its expansion path

07.05.2014

During the business year 2013, the Biesterfeld Group Hamburg continued its steady growth. In a challenging market environment, the group increased its revenue by 6.1 % to around € 1.057 bn, thereby clearly surpassing the 1 billion euro line.
Despite challenging market conditions, the Biesterfeld Group was successful in expanding its market shares and increasing revenue. The operative profit (EBIT), at around € 29.4m, remained just below prior year's figure (€ 29.7m), which had been influenced by extraordinary items. Inconsistent price and margin trends – particularly in the plastics and natural rubber industries – as well as weak international trade stimuli affected the group's profit.

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