Meiko Group reports sales figures

Meiko Group’s head office in Germany today announced that it posted consolidated group sales of €260m (£214m) in 2013, a figure it describes as a “record high” for the company.

The volume of business generated from its Offenburg headquarters and key production sites increased €6m (£5m) to more than €108m (£89m), while the order intake posted by its foreign subsidiaries rose 5% to €120m (£99m).

Sales of large commercial dishwashing machines were up 8% and cleaning products 12%, according to the company.

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Meiko operates 12 subsidiaries outside of Germany and singled out several of them for achieving double-digit sales growth, including Australia, France, the USA and China.

For the first time, Japan emerged as the strongest export market in the cleaning and disinfection technology business, notching up growth of 60% over the previous year’s figures.

The improvement in business was helped by the roll-out of new M-iClean undercounter dishwashers, with orders worth more than €1m (£820,000) placed within the first few weeks of launch.

With its M-iQ flight and rack type dishwashing machines also performing satisfactorily, Meiko said the clear majority of dishwasher models it offers from 2014 onwards will have been on the market for less than four years — a statistic that it calls a “striking indicator” of its innovation capabilities.

The manufacturer described its business expectations for 2014 as “positive” and revealed that its investment budget for the year totals more than €12m (£10m). This includes the construction of a new service centre in Offenburg.

Meiko recruited 200 staff globally last year, taking its total headcount to 2,000 people. 1,100 employees are based in Offenburg.

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