The economic downturn in the European domestic market, declining sales volumes for combustion engine components and a very slow start for new products have led to significant declines in sales at Witzenmann GmbH.
Witzenmann is economically resilient. The supplies to customers are ensured even in the current situation. Witzenmann reacts with great flexibility to the dynamic developments at its customers:
The Witzenmann Group assesses the current financial year with cautious restraint. Group-wide business development is clouded by warnings from individual markets as well as by regions worldwide. The site at Pforzheim in particular has fallen short of expectations.