The year 2022 was a major challenge for the BEGA Group.
The war in Ukraine destroyed production facilities of the BEGA Group, and other Ukrainian suppliers were only able to deliver to a limited extent.
The EU sanctions against Russia and Belarus led to further significant supply shortfalls.
The energy crisis, inflation, Corona and general uncertainty among end consumers caused the BEGA Group’s order intake to slump.
However, the situation improved significantly from Q4 2022 onwards. In November and December, order intake and sales were already back at the level of the previous year.
Overall, the BEGA Group was able to defend its leading market position.
Sales in 2022 reached 609 million euros, only slightly below the figure for 2021 (622 million euros).
The positive development continued in January 2023. The BEGA Group is planning moderate growth for 2023.
In mid-January, the BEGA Group held its traditional shopping days. Customer attendance was pleasingly good. All major trading partners of the BEGA Group were in Lügde. The new products were very well received by the customers and resulted in unexpectedly large trade fair orders.
Some customers decided to visit the Partner Days of the MOW in March. The BEGA Group will of course open its in-house exhibition centre during the Partner Days and already cordially invites all customers to Lügde from 13 – 16 March.
The product range of the January shopping days will be updated and extended in parts, so that the visit to Lügde will also be worthwhile for customers who visited the BEGA Group in January.
BEGA Group Holding GmbH
Thorsten Hilpert Niko Johns Rüdiger Schliekmann
6 February 2023
