2022 Pon Holdings Turnover And Profit Set A Historical Record!

Jun 13, 2023

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According to foreign media reports, Pon Holdings' turnover in 2022 increased by 23%year -on -year, and for the first time in the history of the company, it reached 10 billion euros ($ 10.9 billion), of which Pon.bike's turnover was 2.4 billion euros (US $ 2.6 billion).
Pon Holdings announced that its profit increased by 78%, from 307 million euros to 547 million euros. The turnover of the automotive industry increased by 15%to 6 billion euros. This is the result of Pon's joint efforts of 112 companies in the world.
Pon Holdings CEO Janus Smalbraak said: "This growth benefits from the growth of electric vehicles, we further expand the car business in the Netherlands, Germany, Vietnam, and the United States. , Make us global participants with top bicycle brands and electric bicycles. A large investment in bicycle infrastructure in Europe and the United States will provide an additional driving force for the sales of electric bicycles. "
In 2022, the joint turnover of Pon.bike's company has doubled to nearly 2.4 billion euros. This is also due to the acquisition of Dorel Sports in 2021, Pon has played an important role in the world's largest bicycle manufacturer. In addition to the automobile industry and the bicycle industry, other departments of PON (including industrial mobile, construction machinery and agricultural departments) have also contributed to Pon's record performance.

Despite good results, CEO Smalbraak said, "It needs to be more cautious in 2023. The supply of components in some areas has not kept up. The slowdowning situation will affect our production. The orders of cars, bicycles, equipment and electricity have been full in one year. Our powerful brand portfolio, our service level, and our excellent teams, and our outstanding and aggressive employees keep our business elastic. "

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