Overview of Vorwerk
Vorwerk is the number-one direct sales company in Europe, and a worldwide leader in direct sales of high-quality household devices. This internationally active family business was founded in Wuppertal (Germany) in 1883. Vorwerk’s core business is the production and sale of high-quality household products (Thermomix®/Bimby® multi-cookers, Kobold/Folletto vacuum cleaners). Vorwerk consistently pursues direct contact with its customers, which puts its advisors at the forefront of activities because they serve as the central point of contact. akf Group is also part of the Vorwerk family. Vorwerk has Group revenue of 3.2 billion euros (2024) and is active in more than 61 countries.
International presence
Our markets
Austria
Belgium
Canada
China
Czech Republic
France
Germany
Greece
Italy
Luxembourg
Malaysia
Mexico
Netherlands
New Zealand
Poland
Portugal
Singapore
Spain
Switzerland
Taiwan
Turkey
United States of America
United Kingdom
Great Britain and Northern Ireland
Significant export countries
Brazil
Chile
Colombia
Croatia
Cyprus
Denmark
Estonia
Guatemala
Hungary
Indonesia
Kazakhstan
Malta
Morocco
Norway
Panama
Paraguay
Peru
Philippines
Romania
Sweden
Slovakia
Slovenia
South Africa
Thailand
Uruguay
United Arab Emirates
Business areas

Thermomix®/
Bimby®

Kobold/Folletto

akf Group

Vorwerk
Engineering

Vorwerk Ventures
Revenue by area
Total revenue 3,171.8 million euros
Key figures for the corporate group
in millions of euros | 2021 | 2022 | 2023 | 2024 | ||||
---|---|---|---|---|---|---|---|---|
Group revenue | 3,383 | 3,171 | 3,208 | 3,172 | ||||
New business of akf Group | 1,026 | 1,178 | 1,253 | 1,283 | ||||
Total assets | 5,486 | 5,313 | 5,565 | 5,601 | ||||
Equity | 1,475 | 1,405 | 1,491 | 1,513 | ||||
Equity ratio in % (akf fully consolidated) | 27 | 26 | 27 | 27 | ||||
Financial assets | 1,372 | 1,380 | 1,264 | 964 | ||||
Other non-current assets | 1,355 | 1,230 | 1,365 | 1,559 | ||||
Current assets | 2,669 | 2,636 | 2,859 | 2,995 | ||||
Cash and cash equivalents¹ | 1,360 | 1,294 | 1,405 | 1,283 | ||||
Investments² | 395 | 446 | 575 | 681 | ||||
Depreciation and amortisation² | 336 | 300 | 294 | 310 | ||||
Personnel expenses | 656 | 624 | 605 | 622 | ||||
Employees | 11,698 | 9,394 | 9,127 | 9,307 | ||||
Independent advisors | 577,092 | 213,447 | 94,231 | 98,875 |
¹ Including assets that can be liquidated in the short term
² Excluding financial assets
Vorwerk Group
Vorwerk SE & Co. KG
Rauental 38
42289 Wuppertal
Germany
Phone: +49 202 564−0
www.vorwerk-group.com
Email: annual.report@vorwerk.de
Executive Board
Dr. Thomas Stoffmehl (Speaker of the Executive Board)
Hauke Paasch (Member of the Executive Board)
Dr. Thomas Rodemann (Member of the Executive Board)
Supervisory Board
Dr. Jörg Mittelsten Scheid (Honorary Chairman)
Dr. Rainer Hillebrand (Chairman)
Daniel Klüser (Vice Chairman)
Dr. Hildegard Bison
Frank Losem
Dr. Stefan Nöken
Wolfgang Kölker
Dr. Timm Mittelsten Scheid