Lambertz Group considers launching production in the USA

Aachen-based group Lambertz achieved 2010/11 business year growth of 3.0%, with sales up to € 552.4 m. Export performance – especially in the USA – was described by the company as excellent. Sole proprietor Dr Hermann Bühlbecker, speaking at the press conference held in Düsseldorf to announce the latest Lambertz figures, said that if business in the US continued to progress at the current rate the company would consider launching their own production there in two or three years. “We have succeeded in growing significantly thanks to outstanding export activity,” said Dr Bühlbecker.

Sales abroad are primarily generated by year round products. On an otherwise declining baked goods and cake market the Lambertz group saw sales of their year round range rise 2.3%. The increase in sales in Germany was only moderate; strong performances elsewhere – and particularly in the USA – contributed most towards the robust result. Lambertz management reported that growth was meanwhile also being delivered by emerging and developing markets.

Lambertz sales growth was realised almost exclusively outside Europe. After extending distribution networks in the USA sales were up almost 30%, to total € 18 m. Lambertz products are now stocked by major US retail chains such as Wal Mart. The USA is currently Lambertz`s key market abroad, followed by France, where the concern chalked up double digit growth. In China Lambertz sales were up by a third, in Australia by 24%. A remarkable 50% of year round product sales is generated abroad. Exports account for 15% of revenue.