Wicknorthen Group Releases 2022 Fiscal Year Report

March 30, 2023

March 28, 2023，From Munich ,Wickrossen Group Releases Sales and Earnings Performance for FY2022：

- Under severe circumstances，Group Revenue Growth 20.7%，Up to 22.52.4 billion euros；

- Due to the increase in procurement costs，Earnings before interest and tax increased by 4 percent.6%，Reaching 2.EUR 01.8 billion；EBIT margin of 9 percent.0%，Meets expectations；

- In the context of supply chain issues，Net working capital ratio increased to 31..9%；

- Significant growth is planned for 2023，EBITIncreased profit margins

In 2022, the group's sales grew further strongly.

Wicknorthen Group continues to grow in FY2022。Although during the year，War broke out in Ukraine，The pressure of the economic environment has also increased.，However, the group can continue to maintain the growth trend.。Revenue grew significantly year-on-year again.20.7%，Achieve22.52.4 billion Euro （2021：18.66.2 billion Euro ）。

► Europe（EMEA）Sales in the region increased to17.09.9 billion Euro ，Growth15.7%（2021：14.77.5 billion Euro ），At a record level.。In addition to the German domestic market，Key sales drivers include the major construction machinery markets in France and the United Kingdom，Especially the latter，Shows a high demand for innovative dual-view dumpers。At the same time，Eastern European countries and most of the Nordic countries also registered double-digit growth。

Southern European markets have not performed as strongly on average.，Due to the impact of the previous novel coronavirus epidemic，However, the overall trend is encouraging.。The business of compact equipment in the agriculture sector under the Cramer and Weidmann brands remains vibrant.，After completing the high market demand in the previous year，Revenue is up again.30.9%，Achieve4.5.6 billion Euro （2021：3.48.4 billion Euro ）。

► The Americas，Sales in 2022 have increased significantly.39.7%，Achieve4.59.1 billion Euro （2021：3.28.6 billion Euro ），Almost back to pre-epidemic levels，About4.600 million Euro 。Driven by high-end customer demand for new equipment and rental machines，Demand in the North American market is developing positively in all sales channels.。As part of a diverse sales strategy，Wickrossen attracts more authorized dealers in North America in 2022，The Canadian business is also doing particularly well.。

► The development of the Asia-Pacific region is also very active.，Contributed to the group.83.4 millionIncome in euros，It's growing38.8%（2021：60.1 million Euro ）。Same as the previous year，Growth in the region was primarily driven by business development in Australia.。Here，Expanded dealer network，The focus on independent leasing companies is more prominent.，The product mix is also adapted to local needs.。

Wicknorthen GroupCEOExpress

"Against a difficult background，We can say that we are very satisfied with the business performance of the Group in 2022.，"Chairman of the Executive Board and Chief Executive Officer of Wickrossen GroupKarl TraglExplain："The price of materials is rising.、Driven by increasing personnel costs and rising energy costs，Inflation has risen sharply，Add to that the continuing problems in the supply chain and the unpredictability surrounding the war in Ukraine.，It has brought many obstacles to our daily business.，And we managed to overcome those obstacles.。Many important strategic projects，Such asEnarIntegration of the group，Significant expansion of production capacity worldwide and construction of a new plant in Serbia，We will continue to promote it in 2022.，Foresees the future viability and success of our group。"