Ziehl-Abegg Maintains Sales in 2020 and Gets off to a Flying Start in 2021

“The year 2020 was like a rollercoaster ride: alternating suddenly and rapidly between border closures, material supplies being cut off, falling sales and rising order books,” says Peter Fenkl, CEO of Ziehl-Abegg. The company generated sales of € 639 million (about US$ 773 million) in 2020 (previous year: € 633 million); that’s an increase of around 1%. In the current year, the performance to date suggests the company will post a good increase in sales.