Kögel reports record results
By Jim Gibbins - 1st March 2019
Germany – Kögel Trailer GmbH, a semi-trailer manufacturer and sister company of Humbaur GmbH, based in Burtenbach, Germany, recorded revenues of EUR530m in 2018, an increase of 17% on EUR450m in 2017. The company indicated vehicle deliveries in 2018 of 18,500 units, an increase of 10.44% on 16,750 units sold in 2017; the company said the increase was due to a strong European market and added sales personnel in in target export countries such as Romania, France and Spain.
Kögel says it is projecting a further increase in sales during 2019 to over 20,000 units.