Passion
since 1883
The Vorwerk Group is a family-owned company founded in 1883 that has its headquarters in Wuppertal, Germany. The courage to implement innovations and the demand for the very highest quality have made Vorwerk an internationally successful company with a 140-year tradition. Vorwerk is the number 1 direct sales company in Europe and the world’s leading direct seller of premium-quality household appliances. Its employees and sales advisors as well as its outstanding products and services are at the heart of the company. Vorwerk stands for nearness to people – as a direct selling company, Vorwerk always seeks direct contact to its customers. The sales advisors are at the focus of its activities and serve as the main points of contact.
Vorwerk Group
Vorwerk SE & Co. KG
Mühlenweg 17–37
42270 Wuppertal
Germany
Phone: +49 202 564-0
Email: vorwerk@vorwerk.de
www.vorwerk-group.com
Vorstand
Dr. Thomas Stoffmehl
(Speaker of the Executive Board)
Hauke Paasch
(Member of the Executive Board)
Dr. Thomas Rodemann
(Member of the Executive Board)
Beirat
Dr. Jörg Mittelsten Scheid
(Honorary Chairman)
Dr. Rainer Hillebrand
(Chairman)
Daniel Klüser
(Vice Chairman)
Dr. Hildegard Bison
Rainer Genes
(until December 31, 2022)
Frank Losem
Dr. Stefan Nöken
Wolfgang Kölker
Dr. Timm Mittelsten Scheid
International Presence
Our Markets
Austria
Canada
China
Czech Republic
France
Germany
Indonesia
Italy
Japan
Mexico
Poland
Portugal
Spain
Sweden
Switzerland
Taiwan
The Netherlands
Turkey
United Kingdom of Great Britain and
Northern Ireland
United States of America
Major Export Countries (excerpt)
Argentina
Australia
Belgium
Brazil
Bulgaria
Chile
Columbia
Croatia
Cyprus
Denmark
Estonia
Greece
Guatemala
Hungary
Iceland
Israel
Kazakhstan
Malaysia
Malta
Morocco
New Zealand
Norway
Panama
Paraguay
Peru
Romania
Singapore
Slovakia
Slovenia
South Africa
Thailand
United Arab Emirates
Uruguay
Vietnam
The Vorwerk Group was active in the following business segments in financial year 2022:
Thermomix/Bimby
Kobold/Folletto
Vorwerk Engineering
Neato Robotics
JAFRA Cosmetics
Vorwerk Ventures
akf-Gruppe
Key Figures of the Vorwerk Group
| in EUR million | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Group sales | 2,928 | 3,181 | 3,383 | 3,171 |
| New business, akf group | 1,324 | 1,239 | 1,026 | 1,178 |
| Balance sheet total | 5,332 | 5,507 | 5,486 | 5,313 |
| Partners’ equity | 1,378 | 1,473 | 1,475 | 1,405 |
| Partners’ equity in % (akf fully consolidated) | 26 | 27 | 27 | 26 |
| Financial assets | 1,213 | 1,249 | 1,372 | 1,380 |
| Other fixed assets | 1,508 | 1,433 | 1,355 | 1,230 |
| Current assets | 2,546 | 2,737 | 2,669 | 2,636 |
| Cash and cash equivalents* | 902 | 1,178 | 1,360 | 1,294 |
| Capital expenditure** | 472 | 391 | 395 | 446 |
| Depreciation** | 304 | 304 | 336 | 300 |
| Personnel costs | 633 | 636 | 656 | 624 |
| Number of employees | 12,319 | 12,260 | 11,698 | 9,394 |
| Self-employed advisors*** | 599,072 | 577,993 | 577,092 | 213,447 |
** Excluding financial assets
*** Including JAFRA Mexico and USA until 03/31/2022
Group Management Report 2022
Consolidated Financial Statements 2022
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