Hansgrohe Posts 28% Sales Gain, Aims to Top $100 Million in 2005
Hansgrohe reported that its revenues in the United States grew to $82.6 million in 2004, a 28% increase over the previous year. The company hopes another strong sales gain in 2005 will push it past the $100 million milestone, according to Chris Marshall, president.
Globally, company sales were more than a half billion in 2004, 16% over the previous year. Hansgrohe AG, headquartered in Schiltach, Germany, continues to attribute a large portion of its strong performance internationally to the North American market.