Wedemark, Germany — June 23, 2011 – Sennheiser electronic GmbH & Co. KG published its financial statement for the business year 2010, reporting an increased turnover of 468.2 million Euros, compared to 389.9 million Euros last year. This corresponds to an increase of 20.1 percent and is the largest turnover in the company’s history. Profit increased from 3.8 million Euros (in 2009) to 22.6 million Euros.
“All product groups and all markets have contributed to this positive result,” said Volker Bartels, Spokesperson of Sennheiser’s Executive Management Board. “One of the important factors that contributed to this result was the revival of the professional side of our business and the highly positive growth at the end of the year, particularly in the consumer segment. Now we have to stabilize this dynamic growth and further expand our business.” On average in the year 2010, the Sennheiser Group employed 2,117 people, 1,153 of them in Germany. more