Annual Report 2020
2020 was a turbulent and memorable year in many respects. Despite the difficult circumstances worldwide, the HANSA-FLEX Group came through these challenging months relatively well, also from an economic perspective. After a slight decline in sales for the Group in the order of around 6%, the first quarter of 2021 saw the highest monthly sales in the company's history - of 31 million euros.
Despite the crisis, HANSA-FLEX has moved a lot and initiated new developments. For example, considerable sums were invested in the forward-looking expansion of the company headquarters in Bremen and the associated hose line logistics, and the global PHOENIX organization and digitalization project was driven forward.
In addition to facts and figures relating to the 2020 financial year, the annual report also includes background information on HANSA-FLEX as a company. The 2020 Annual Report is now available for download here on the website.