The Gerhard Schubert Group has reported that it achieved a consolidated turnover of €228m in 2014 and completed the fiscal year with handsome profits compared to the previous year. Turnover rose by 14 per cent, and the course is also set for continued growth in the coming years. Turnover in the US growth market, which is already strong, is expected to double within five years thanks to restructuring of the sales department, it predicts.

The Schubert Group recorded €46m in turnover in the US and Canada in 2014. In Great Britain, Schubert achieved turnover of €18m euros, 46 per cent more than the previous year. With the start of construction of a new assembly plant in Crailsheim, Schubert will continue to increase serial production and therefore per-capita productivity. The plant, which is scheduled to open in the fall of 2015, ensures Schubert’s achievement of the company’s five-year plan. “Within the next five years, we believe that annual growth of eight to 10 per cent is possible,” explains Peter Gabriel, commercial director at Gerhard Schubert GmbH. To secure the production capacity required over the long term and to improve in-house logistics, investing in an additional plant in 2020 would make sense. “The relocation of some production activities to the US is also conceivable,” he adds.