Parent group describes Stahl’s 2023 sales revenues as stable
03/04/2024
Wendel, the parent group of leather chemicals manufacturer Stahl, has confirmed full-year group revenues for 2023 of more than €7.1 billion. This represents an increase for the group of 5.7% year on year.
It had already published unaudited figures in February, but confirmed them as consolidated figures at the end of March.
In 2023, Stahl’s revenues were flat at €913.5 million. Wendel described Stahl’s performance as stable and said the Netherlands-based producer of leather chemicals was “outperforming an unfavourable market environment”.
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