Stihl – chain saws run like oiled – economy

Despite material bottlenecks, the chain saw and garden tool manufacturer Stihl achieved double-digit growth last year. Sales rose by 10.4 percent to 5.06 billion euros, as reported by Michael Traub, the CEO who has been in office for almost three months, when the balance sheet was presented in Waiblingen. Traub spoke of a record year. The Swabian family company traditionally does not provide any information on profits. From its own point of view, STIHL is the world market leader for chainsaws and operates plants in Europe, Asia and South America. Nine tenths of sales are generated outside of Germany. Stihl does not currently deliver any goods to Russia.

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