The award was presented by science journalist Ranga Yogeshwar, centre
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The Hausham, Bavaria-based specialist for door blanks and door systems for timber performance door products, won another TOP 100 award.
Numerous case studies impressively show the possibilities of processing companies as contractual partners of Moralt. In order to promote a positive innovation climate, the Management Board and Supervisory Board issue shares to employees.
This promotes personal identification and strengthens motivation. Every employee has the freedom to pursue new ideas. This is how market innovations keep emerging, which is also reflected in some patents.
“Innovation within ever more rapidly changing markets is a very important factor for us,” emphasises CEO Klaus Feile (pictured left in the photo). The long-standing network with cooperation partners facilitates the innovation work. A short reaction time is important: current developments are discussed daily and suggestions from employees are implemented promptly.
Sales up 15%
At the AGM of Moralt AG in June, the Bavarian manufacturer of door blanks and licensed systems for functional interior and exterior doors board member and majority shareholder Klaus Feile announced a sales upturn of 15.5% for the 2022 trading year.
“Despite great challenges, Moralt successfully mastered the year 2022,” exclaimed Klaus. There was consensus on this conclusion at the AGM of Moralt AG where all 15 shareholders were present.
Moralt’s Klaus Feile delivered positive news at the company’s recent AGM
At the post-AGM meeting, Klaus gave an insight into the business development and the strategic orientation of the traditional company, which has had an impressive success story with many international case study projects since it focused on door-related business in 2013.
The export quota of Moralt AG was 68% in 2022. One of the most prestigious projects in 2022 was the Mandarin-Oriental Hotel in Muscat, Oman, on the famous Shatti-Al-Qurum seafront.
The Moralt team celebrating over lunch following a positive AGM
Compared to the previous year, sales increased by 15.5% and a clearly positive result was reported. The increase in equity and thus the increase in the Moralt share's value is 12.4%. Equity is a remarkable 66%. Tax advisor, Ms Gabriele Witte, explained the approved annual financial statements, the most important business figures and the positive development of the past few years.
