Langkampfen/Kufstein, April, 2007

VIKING Company Review Press Statement

VIKING Factory Premises, Langkampfen

In 2006, VIKING GmbH was again able to increase its turnover by three million euros – a rise of some 4% – to over 86 million euros. The outstanding results of 2005 have thus again been exceeded and in 2006, VIKING generated the best results in the more than 25-year history of the Tyrol-based gardening power tool manufacturer. Compared to 2006, the number of employees increased by 18 to a total of 179. In 2006, equity capital amounted to 32 million euros, which represents about 60% of the balance sheet total. Thus, VIKING GmbH can look back on a true success story: In the founding year 1981, 30 employees produced a turnover of 1.1 million euros and, from there, things really took off. Through the extension of the company premises, further growth is assured at the Tyrol location.

"These pleasing results are proof of the success of our premium strategy. In Development, Production and Sales, we will continue to remain one step ahead in the coming years," says Managing Director Dr. Nikolas Stihl. The Tyrol-based gardening power tool manufacturer also has big plans for 2007:
In September, construction work on the extension of the company's premises by an additional 4,700 m² of floorspace will begin and through its increased concentration on the professional segment, VIKING continues on its path to becoming the leading gardening power tool brand in Europe.