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November 26, 2015 5:46 PM ET

Industrial Conglomerates

Company Overview of L. Possehl & Co. MbH

Company Overview

L. Possehl & Co. mit beschränkter Haftung operates primarily in the construction, metals, elastomer, electronics, and machinery businesses worldwide. Its Special-Purpose Construction division provides special-purpose construction services for surface treatment, and above and below construction; restores monuments and historical buildings; extracts and processes silica sand and quartz gravel; and manufactures mortar casting systems. The company’s Document Management Systems division manufactures hardware and software solutions for mailroom systems. Its Printing Machines division offers Web-fed offset printing machines, such as newspaper printing machines for circulation; and publication syste...

Beckergrube 38-52

Lübeck,  23552


Founded in 1847

12,394 Employees


49 451 148 0


49 451 148 255

Key Executives for L. Possehl & Co. MbH

Chairman of Executive Board and Chief Executive Officer
Age: 63
Head of Corporate Communications
Member of Executive Board
Age: 54
Member of Executive Board
Age: 45
Member of Executive Board
Age: 45
Compensation as of Fiscal Year 2015.

L. Possehl & Co. MbH Key Developments

Possehl Reports Preliminary Consolidated Earnings Results for the Year 2014; Provides Earnings Guidance for the Year 2015

Possehl reported preliminary consolidated earnings results for the year 2014. For the year, the company's net sales rose 16% in the last fiscal year to a record level of €3.3 billion. However, at approximately €125 million, consolidated net operating profit was slightly lower compared to the previous year. The sharp increase in sales was mainly due to the Company's business in precious metals, primarily gold. Excluding precious metal sales, group net sales came to €2.1 billion, representing a sales growth of 7%. Consolidated net operating profit before taxes fell 4% from the previous year to around €125 million, due also to nonrecurring expenses. The company expects its sales and earnings to increase moderately in the coming fiscal year 2015. This should happen by means of both internal growth and further Company acquisitions, in particular German SMEs.

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