MHP Grows Its Sales and Workforce Once Again

03/26/2020

The 2019 financial year represents a consistent development of the MHP strategy

Ludwigsburg – Management and IT consultancy MHP continued on its course of growth in 2019. The Ludwigsburg-based company achieved consolidated turnover of EUR 508 million in the last financial year, which equates to an increase of almost 18 per cent over the previous year. Business with customers from the mobility and manufacturing sectors accounted for the majority of sales, with the MHP subsidiaries abroad making an increasing contribution. The number of employees also grew further. At the end of 2019, the management and IT consultancy employed 2,880 people at 16 locations around the world.

Marc Zimmermann, CFO and Managing Director of MHP: “2019 was another very successful year for us. And not only from a financial perspective, as the figures show. We have continued to develop, particularly in terms of our strategy, we have expanded our skill set and we have established ourselves as a key partner in digital transformation for our customers. That means we can help our customers to create a better and more sustainable future – staying true to our purpose: Enabling you to shape a better tomorrow.

The 2020 financial year also kicked off with considerable growth for MHP. However, the management board expect the current coronavirus situation to have an impact on business at MHP. These extraordinary circumstances pose new challenges for every company and for society as a whole.

Marc Zimmermann: “We started the year optimistically and are now faced with totally new challenges. But we are certain that, together with our employees, customers and shareholders, we will take all the actions necessary to overcome this difficult situation.”

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