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Sto defends title of "World market leader for external thermal insulation composite systems"

As part of a research project, the HBM Entrepreneurial School of the University of St. Gallen and the "Wirtschaftswoche" have defined world market leaders from Germany, Austria and Switzerland - in the market field of external thermal insulation composite systems, Sto SE & Co. KGaA is allowed to hold this title for the third year in 2020.

Which German medium-sized companies are actually allowed to call themselves “global market leaders” in their industry sector has been scientifically researched again by the team of Prof. Dr Christoph Müller at the HBM Unternehmerschule of the University of St. Gallen in cooperation with “Wirtschaftswoche” as media partner. In order to be accepted into the global leader index in the DACH countries: Germany, Austria, and Switzerland, a number of criteria needs to be met. The companies must have the highest or second highest market share in their segment, their annual turnover must be at least 50 million EUR, and at least half of it must be earned abroad. Finally, the company must be active on at least three continents.

Sto SE & Co. KGaA meets all of these criteria in relation to its business field “external wall insulation systems”. In 2018, the company had a worldwide total annual turnover of around EUR 1,332 million. In addition to the area of external wall insulation systems, the core range also includes high-quality facade elements as well as renders and paints that are offered for building exteriors and interiors alike.

Rainer Hüttenberger, spokesman of the executive board, is delighted about this award, “For us, this renewed recognition is excellent confirmation of our efforts in the areas of internationalization, research and development, as well as our earnings-oriented growth course.”

Please note: The logo can only be used until December 2020.

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