Turnover: 5.5 billion EUR (2022)

Country: Germany

  • Miele is a German family business founded in 1899.
  • The company is a German manufacturer of household appliances.
  • The family firm is based in Gütersloh and has over 100 years of history.
  • Its products are positioned at the top end of the market
  • Miele has 12 production sites and 20,000 employees (12,000 in Germany).
  • The brand has been active in the connected objects segment since 2010, developing Mobile Control, SmartStart, Con@ctivitity 2.0 and Miele@home technologies

News

Miele, the household appliance symbol of "Deutsche Qualität" 23/06/2023

  • Miele is a German brand specializing in household appliances.
  • The brand's factory is located in Gütersloh, in Germany's eastern Ruhr region.
  • Miele produces around 4,500 washing machines a day, all pre-sold.
  • The household appliance sector has not suffered too much from the health crisis, and demand has even increased.
  • In 2022, Miele achieved sales of almost 5.5 billion euros.
  • The company aims to achieve sales of 8 billion euros by 2030.

Financial Data

DUNS: 708203088

Legal Name: MIELE SOCIETE PAR ACTIONS SIMPLIFIEE

Address: 9 AV ALBERT EINSTEIN Z.I. DU COUDRAY, 93150 LE BLANC-MESNIL

Number of employees: Entre 250 et 499 salariés (2020)

Capital: 8 000 000 EUR


Financial Data:

Year 2021 2020 2019 2018 2017 2016 2015
Turnover 171 892 525 158 910 746 145 200 440 143 872 419 144 190 057 138 908 208 133 950 859
Gross margin (€) 60 854 148 57 256 724 52 649 781 52 004 337 42 571 582 42 807 078 -
EBITDA (€) 5 884 476 9 258 194 5 843 498 4 136 250 -3 783 883 -6 145 558 -
Operating profit (€) 6 738 573 3 137 438 3 487 224 1 453 432 -6 282 529 -7 561 469 -
Net profit (€) 4 368 744 -4 097 837 2 852 063 1 483 985 -8 489 211 -8 987 832 -5 924 873
Turnover growth rate (%) 8,2 9,4 0,9 -0,2 3,8 3,7 -
Ebitda margin rate (%) 3,4 5,8 4 2,9 -2,6 -4,4 -
Operating margin rate (%) 3,9 2 2,4 1 -4,4 -5,4 -
Working Capital (turnover days) 29,3 34,2 34,9 27,1 19,2 5,4 -
Working Capital requirements (turnover days) 24,6 30 39,9 43,1 51,8 33,8 -
Net margin (%) 2,5 -2,6 2 1 -5,9 -6,5 -
Added value / Turnover (%) 17,5 19,9 19,3 18,9 13,1 12 -
Wages and social charges (€) 22 243 575 19 705 207 19 616 125 20 951 174 20 610 782 21 004 967 -
Salaries / Turnover (%) 12,9 12,4 13,5 14,6 14,3 15,1 -

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