The STIHL Group finished the challenging 2022 fiscal year with record-breaking revenue of 5.5 billion euros, equating to growth of 8.6 percent compared to the previous year. As an international business, the company generated 90 percent of its revenue outside its domestic market of Germany. Although the trend toward battery-operated products remained intact, the STIHL Group saw a slight decline in the gasoline-powered segment.
The capital structure of the corporate group remains extremely solid due to its high equity ratio of 61.9 percent. This means that STIHL can continue to finance investments from its own liquid funds. As in previous years, investments significantly exceeded depreciation. In line with the positive business performance, staff numbers increased by 2.3 percent to 20,552 employees worldwide (as at December 31, 2022).
More information on the 2022 financial year can be found in the STIHL Annual Report and the online Annual Report.
Want to find out more about the development of STIHL? You can find links to previous Annual Reports here:
Unfortunately, women are still rarely represented in management positions in many technology-oriented companies, including STIHL. We are committed to equal opportunities and want to explicitly encourage women to pursue careers at STIHL. For us what matters is performance, skills and potential. With four female members, the proportion of women on the Supervisory Board of STIHL AG exceeds the required female quota of 30 percent.
At its meeting on June 29, 2022, the Supervisory Board of STIHL AG defined a target of “at least one woman” for future composition of the STIHL AG Board of Management. Of the current 6 members of the STIHL AG Board of Management, 3 are women.
The STIHL Group develops, manufactures and distributes power tools for professional forestry and agriculture as well as garden and landscape maintenance, the construction sector and private garden owners. Digital solutions and services complement our wide range of offerings. STIHL products are sold to end users through our servicing dealers, with 42 STIHL-owned sales and marketing companies, approximately 120 importers and more than 55,000 independent STIHL dealers in over 160 countries. In addition, our own STIHL online shops will be expanded internationally over the next few years. STIHL manufactures in seven countries worldwide: Germany, USA, Brazil, Switzerland, Austria, China and the Philippines. STIHL has been the world’s top-selling chainsaw brand since 1971. Founded in 1926, the company is based in Waiblingen near Stuttgart.
At STIHL, our ISO 9001-compliant quality management system is an important component for meeting the requirements of our customers and forms the basis for a company that is constantly improving. It contributes to the successful development of the company by managing and continuously optimizing quality-relevant processes.
By means of its environmental management system, STIHL ensures that the company lives up to its environmental responsibilities. The system contributes significantly to the optimization of operational environmental protection and, in particular by saving resources, ensures that the targets defined in the STIHL climate strategy are achieved.
The STIHL occupational health and safety management system helps to identify and prevent work-related accidents and health risks, as well as to maintain and promote employee health through preventive measures.
By introducing a certified energy management system, STIHL is ensuring the careful, sustainable use of energy as a resource. In addition, STIHL uses suitable measures to continuously improve energy efficiency, further reduce consumption and contribute to greater climate protection in the context of the company’s climate strategy.
Our magnesium die casting plant in Weinsheim (Germany) meets the stringent requirements of the IATF 16949 quality management system for suppliers to the automotive industry. In addition to ISO 9001 certification, this contributes to increased process quality at STIHL.