VIKING Company Review Press Statement
Botanical Gardens, Innsbruck
In 2005, VIKING GmbH was able to increase its turnover by 12% to over 83 million euros. This is the best result in the 25-year history of the Tyrol-based gardening power tool manufacturer. Compared to 2004, the number of employees increased by nine to 161. In 2005, it was also possible to increase equity capital to 33 million euros, which represents about 66% of the balance sheet total. Thus, VIKING GmbH can look back on a true success story: In the founding year 1981, 30 employees produced a turnover of 1.1 million euros and, from there, things really took off.
"These pleasing results are proof that VIKING has worked effectively in 2005 and is continually gaining market share. And all that despite the highly competitive market for gardening power tools", says Managing Director Dr. Nikolas Stihl. The Tyrol-based gardening power tool manufacturer also has big plans for 2006: Through extension of the lawn mower range and the successful entry into the professional lawn care market, VIKING is on the way to becoming the leading gardening power tool brand in Europe.