“Our hard-working, resourceful and motivated employees around the world have brought Mann+Hummel success through their commitment and passion,” said Alfred Weber, chairman of the Mann+Hummel management board. “The improvement in results increased rapidly in the second half of the year, giving us a satisfactory end to the 2013 financial year.”
The filtration company is looking to achieve further growth in 2014 and expects to see further recovery in the automotive market and a significant upturn in the industrial sector.
Mann+Hummel will issue further details of its 2013 results in April.