In financial statements certified by its auditors, Liqui Moly Gmbh has reported that its turnover in 2017 was 532 million Euro, with an increase of 9% on the 489 million Euro achieved in 2016.
Commenting on the performance, Ernst Prost, Managing Director, Liqui Moly Gmbh., said: "Our profit before tax is 52 million Euro. Also an increase of 9% compared to the previous year. That's what we need! Just to maintain our equity capital ratio of 80%. And because not only I, but the entire team, my 835 colleagues worked hard, economised well and so produced an excellent team result, the time has now come to distribute the - expressed idiomatically - "rich spoils".
"As they already did last year, each one of my co-entrepreneurs receives a so-called victory bonus, a special payment of 11,000 Euro gross. Including the employers' share, we are distributing a sum of over 10 million Euro. That brings me the greatest joy - and of course also the 50 jobs that we created last year. In the past two years it was actually a total of 100," Prost added.