There was a record heatwave in Germany in July and in August LIQUI MOLY had a heatwave of its own. The 60-year-old company notched its new monthly sales record at $59.6 million. The monthly revenue was 20 percent higher than the same month in 2016. And to keep the company’s overall growth in perspective, the August revenue was higher than the company’s total annual sales 25 years ago.
“To achieve such an outstanding result, particularly during the summer vacation period, is what is so remarkable,” said Ernst Prost, CEO of LIQUI MOLY.
In March the company came close to sales of $59 million-falling about $1 million short, but still stood as a new record. it was enough to set a record. The newly set record in August was achieved while a quarter of LIQUI MOLY’s 800 employees were on vacation.
“We are not just talking about more sales here, but about significantly more work and performance,” Prost said. “After all, additional tasks and orders had to be recorded, produced, commissioned and loaded.”
Over the past eight years, sales at LIQUI MOLY have more than doubled.
“We continuously try to top the records we have set,” Prost said. “We have achieved this in August, the main vacation month, in the most impressive manner so far.”