Cleaning Technology

Hako is one of the world’s leading manufacturers of high-quality machines and vehicles for cleaning and municipal technology. With innovative cleaning machines, multifunctional implement carriers and transporters as well as a comprehensive package of product-related services, the company with headquarters in Bad Oldesloe sees itself as a service provider and system supplier. With its brands Hako, Minuteman, PowerBoss, Hilco, Multi-Clean and von Oertzen, the Hako Group serves a wide range of target groups as a leading global manufacturer of high-performance technology for professional indoor and outdoor cleaning and grounds maintenance. Production plants are located in Germany, Poland and the USA. The close-knit worldwide sales and service network in another key factor in the company’s success.

Sales

2022 | € 562 million

2021 | € 503 million

2020 | € 462 million

2019 | € 485 million

Scope of activities/Products

Cleaning Technology
Municipal Technology
Waterjet Technology

Customer groups

Services & Facility Management
Trading companies
Public authorities
General industry

Number of employees in 2022

2,410

Annual average

Leading manufacturer of professional cleaning machines

The Cleaning Technology division has been on a pronounced growth course for years, which was continued in the 2022 financial year. Turnover rose by 12 % to € 562 million, partly due to price increases. However, the price increases were partially offset by higher procurement and manufacturing costs and profitability could not be increased further.

A major challenge and at the same time a competitive advantage – and not only since the disruption of the international supply chains – is efficient warehousing and logistics. In the year under review, Hako therefore invested an amount in the double-digit millions in the construction of a new, highly modern and automated logistics centre at the Bad Oldesloe site. With the commissioning of the logistics centre in late spring 2023, delivery reliability will be improved once again and warehousing further optimised.

The keywords for research and development activities in Cleaning Technology are autonomous cleaning, electrification, sustainability and data management:

In spring 2022, the Citymaster 1650ZE, the first all-electric implement carrier with the same operational and performance capabilities as a conventional model, was delivered in the outdoor cleaning segment.
At the beginning of 2023, Hako introduced the first autonomous cleaning machine to the market.
With regard to the environment and sustainability, the focus is on the sustainable use of water, the reduction of wear on brushes, the use of secondary raw materials and the reduction of noise emissions.
In the field of operational data collection and evaluation, the division is present with the tool Hako Fleet Management.

L. Possehl & Co. mbH

Beckergrube 38-52 | 23552 Lübeck, Germany
Postfach 1684 | 23505 Lübeck, Germany

Phone +49 451 148-0
Fax +49 451 148-255
E-mail: info@possehl.de

Key figures

Possehl at a glance

		2017	2018	2019	2020	2021
Earnings
Sales	€ million	3,809	3,764	4,140	4,430	4,360
thereof sales from precious metal trading	€ million	1,466	1,266	1,537	1,919	1,907
Sales adjusted for the proceeds from precious metals trading	€ million	2,343	2,498	2,603	2,511	2,453
Earnings result from ordinary operations (EBIT)	€ million	175	181	173	140	177
Earnings before taxes	€ million	158	162	153	120	155
Consolidated net profit	€ million	100	107	93	65	103
Dividends	€ million	18	19	20	21	30
EBIT ratio*	%	7.5	7.2	6.6	5.6	7.2
Return on equity before taxes	%	17.2	16.2	14.3	11.1	13.2

Net assets
Balance sheet total	€ million	1,619	1,788	1,854	1,859	1,950
Economic equity	€ million	919	1,002	1,071	1,080	1,172
Equity ratio	%	56.8	56.0	57.8	58.1	60.1
Working capital	€ million	600	706	715	645	766

Financial position
Net financial assets	€ million	366	268	244	355	303
Cash flow from operating activities	€ million	121	91	184	254	75
Investment in property, plant and equipment and intangible assets (excluding goodwill)	€ million	71	108	115	91	90
Depreciation of property, plant and equipment and intangible assets (excluding goodwill)	€ million	58	61	68	73	75

Employees
Employees, annual average		12,413	13,365	13,331	12,995	12,965
thereof domestic		6,708	6,985	6,913	6,872	6,704
thereof abroad		5,705	6,380	6,418	6,123	6,261
* sales adjusted for precious metals contained in the output