PM-International AG has surpassed $2 billion in sales for the first time. Annual revenue for the company in 2021 increased more than 35% over the previous year, posting $2.35 billion. The company also announced record growth within the German market, where the company was founded, with more than 35% growth in 2021 compared to 2020.
“It took us 26 years to break the billion mark and two years later we exceeded the second billion,” said PM-International Founder and CEO Rolf Sorg. “This year, we are on course for the third billion. My goal is that we celebrate it together at our 30th anniversary in 2023.”
This record-breaking feat was presented at the company’s Kick-OFF Europe event, along with the latest digital tools for distributors and an optimization of its own TV channel PM TV. The company also highlighted planned expansions for 2022, sharing that it anticipates opening nine new markets—including China, Indonesia, Hungary, Portugal and Colombia—as well as broadening its footprint on the African continent, and investing in its American infrastructure.
“We have made 2021 the most successful financial year in our history,” said Patrick Bacher, PM-International’s Chief Sales Officer. “Now we have to implement our motivation and plans for 2022 in order to set the course for an even more successful financial year!”