Miele & Cie. KG
Corporate Communications
Carl-Miele-Straße 29
D-33332 Gütersloh

Particulary high investments in growthand innovation
During the past business year, the Miele Groupinvested to the tune of € 225 m. This represents€ 41 m, or 23%, more than in the previous year.
Almost two-thirds of these investments were allocated to locations within Germany, whereof
around 60% was ploughed into the developmentof new appliances as well as in the expansion,
conversion and modernisation of production facilities. Significant funds also went into the modernisation and extension of administration, sales andlogistics in Gütersloh. Particular public attention
was attracted by the construction of Miele’s firstday-care centre for children in Germany, which isdue to commence operation on March 1, 2018.

New showrooms were opened by Miele in Bolzano,Hong Kong, Madrid, Paris, Split and Stockholm.
The long-announced change on the Miele Board
went as planned: At the end of 2016, Dr. Eduard
Sailer retired after 19 successful years as board
member responsible for technical affairs. His successor in the post is Dr. Stefan Breit, previously
plant manager at Miele’s appliance production facility in Gütersloh. As part of a meticulously preparedtransition, Dr. Breit was called to the board in April
2016, representing the sixth Board member for anintervening period. Further Executive Directors,
each with equal voting rights, are Olaf Bartsch (Finances/Administration), Dr. Axel Kniehl (Marketing/Sales) and Dr. Markus Miele and Dr. Reinhard
Zinkann (Executive Directors and Co-Proprietors).

Miele sales and workforce development

Miele sales subsidiaries

Worldwide turnover *2012/132013/142014/15

2015/162016/17

3.15

3.22

3.49

3.71

3.93

thereof in Germany

0.95

0.98

1.03

1.10

1.18

Year-on-year change

+3,8%

+2,2%

+ 8,3%+ 6,4%+ 5,9 %

No. of employees

17,251

17,66017,74018,37019,465

thereof in Germany

10,37910,411

10,350

10,326

10,888Year-on-year change+ 3,2 %

+2,4 %+0,5 %+3,5 %+6,0 %* in EUR bn									Figures as per June 30, 2017

Contact:
Carsten Prudent
Tel.: + 49 ( 0 ) 5241/89 -1951
Email: carsten.prudent@miele.com

Business Report 2 016/17
					

FACTS AND FIGURES€ 3.93 bn turnover
Turnover, staffing levels and investment hit all-time highs
Above-average growth in Germany

Miele reports 5.9% sales growth –and more than 1000 additional employees

The Executive Board of the Miele Group (from left to right): Dr. Stefan Breit (Technology), Dr. Markus Miele (Executive Director and Co-Proprietor),
Olaf Bartsch (Finances and Administration), Dr. Reinhard Zinkann (Executive Director and Co-Proprietor), Dr. Axel Kniehl (Marketing and Sales).

Family-owned Miele Company further consolidates worldwide growth at high level. The
world’s leading manufacturer of premium
domestic appliances achieved sales of € 3.93
bn in the 2016/17 financial year which ended onJune 30, 2017. This amounts to a year-on-yearincrease of € 218 m or 5.9%. Built-in appliancesand vacuum cleaners made an above-averagecontribution to this growth. Milestones from theperiod under review include a majority interestin the Italian medical technology specialist
Steelco, the launch of the Miele Venture CapitalGmbH and the creation of the new Smart Home
business unit. Currently, around 19,500 are in
the employment of Miele. During the reporting
period, investments totalled € 225 m.
In its own words, the Executive Board of the Miele
Group considers current growth to be ‘quite satisfactory’. For the third time in succession, Miele’s
sales growth has been well above the averageof the past 10 years, despite the less favourable
conditions which prevail in important markets suchas Russia, Turkey and (on account of exchange
rates) Great Britain. Furthermore, prices have comeunder continued pressure in virtually all relevant
product groups and markets.

The traditional Gütersloh-based company has
countered the price-aggressive marketing activities of other manufacturers with its continued
focus on quality and innovation leadership within its branch of industry, for instance by offeringhigh-quality flagship models with technical features exclusive to the Miele brand. At the sametime, entry-line and promotional models offer
better performance and convenience and, in individual cases, occupy new price points. This iscoupled with the persistent expansion of Miele’s
worldwide marketing presence both online andin brick-and-mortar stores, ensuring additional
impetus in an ever increasing number of markets.

Further growth expected
As a result, Miele’s Executive Board anticipates an appreciable further increase in both
turnover and unit sales in the coming financial
year. These expectations are founded in thecompany’s attractive product portfolio, a wellstructured set-up in marketing and sales – as wellas in the predominantly positive market forecasts
for Germany, Europe and the world at large.
In Germany, Miele achieved sales of € 1.18 bn,
representing an increase of 6.8%. Here, Miele has
been the undisputed winner in terms of market

share over recent years – and the No. 1 specialist retailer brand for major domestic appliances.
Outside Germany, the USA, Australia, Canada,
Austria and a number of Asian markets are worthyof special mention. In Great Britain, too, Miele wasable to make significant inroads in local currency,
although this was more than offset by currency disparity in the run-up to Brexit. In southern Europe,on the other hand, Italy and Spain have staged
an impressive comeback. At 70.0%, the share ofsales outside Germany has remained practicallyconstant ( 70.1% in previous year).
On an individual product group level, thesuccess story of the Miele dishwasher continued into the business year just ended – with anincrease in unit sales of almost 40% within thespace of three years. In the floor care sector,
Miele’s first bagless vacuum cleaner, the Blizzard
CX1, was successfully launched following its
trade show premiere at the IFA in 2016. For the
first time in a fiscal year, Miele sold more than
2.5 m vacuum cleaners and is once again European market leader ( vacuum cleaners with/without
dustbags) based on both turnover and unit sales.
With its handleless ArtLine series of built-in
appliances featuring doors which open electrical-

ly at the touch of a fingertip, Miele has forcefullycompleted its lineup of products catering for
flush-design high-end kitchens. And, in the field oflaundry care, Miele’s WT1 washer-dryer sets new
standards, boasting an aggregate cycle time ofless than 3 hours, the web-enabled TwinDos dispensing system – and an 40% increase in unit sales.

New impulses for smart home
On the smart domestic appliance front, Miele,
pioneer in the field for many years, pointed the way
in multiple respects during the reporting period:
The new Smart Home business unit has been up
and running since last autumn, bringing together
R&D, production and marketing under one roof.
Promising startups are now supported by Miele via
its newly founded subsidiary Miele Venture CapitalGmbH, through to direct equity stakes. As regards
content, the focus is on business models, technologies and applications relating to topics suchas the smart home or Industry 4.0, as well as on
innovative production and product technologies. And, at the last LivingKitchen exhibition,
the company presented its extended culinary
version of the Miele@mobile appliance app: In
exclusive collaboration with the Kitchen Stories

food portal, more than 1,100 Miele recipes and
200 inspirational food-preparation videos will
be accessible from mobile devices. The Miele
Professional business unit comprising laundry
technology, commercial dishwashing as wellas medical and laboratory technology recorded
sales of € 484 m during the past financial year.
This corresponds to an increase of 1.6%, whereby
growth was impeded by a one-time effect in thelaundry technology sector. Commercial dishwashers, for instance, with their new product range
achieved a growth rate of more than 8%. Similar
can be said of the service sector. A similarly positive trend is anticipated in the laundry technology
field, thanks to the considerably reduced electricity and water consumption of the new Benchmark
Plus generation of machines.

Steelco now belongs to Miele
In the medical technology field, Miele’s market
position has improved significantly on account of
the fact that the reputable Italian Steelco Group is
now part of the Miele Group. In the course of introducing a division of responsibilities, project business involving equipment sales to central sterile
supply departments ( CSSDs) in hospitals will beconcentrated under the Steelco label. Miele, for
its part, will concentrate on sales to surgeries andlaboratories. In the interests of a long-term partnership, Miele has taken out a majority interest in
Steelco, but will continue to manage the brand as
a separate and independent company. The over-riding aim is to offer clients an even more effective product portfolio and the best possible levelof service. The aggregate turnover resulting fromthe new alliance amounts to around € 250 m, withsignificant potential for further growth. The new
constellation did not have any impact on Miele
sales during the year under review.

Success through sustainability
As per June 30, 2017, Miele employed a staff of19,465 worldwide. This amounted to 1,095 employees, or 6.0%, more than in the previous year.
Staffing levels rose above average in particular inareas where positive business results necessitatedincreased capacities, namely at several production
plants and at Miele’s sales and service subsidiaries. At the close of the reporting period, Miele employed a staff of 10,888, corresponding to a growthof 562 FTEs or 5.4%. Staff numbers increased at
all production sites, at Central Headquarters andat Miele Germany.
At the beginning of the new training year due tostart on September 1, approx. 500 young persons
at German locations will commence an apprenticeship in one of 30 commercial professions or
technical trades. Around 120 will embark on a dual
course of study combining an apprenticeship witha university degree. This option is available at Miele
for instance in business administration, electricalengineering, mechanical engineering, businessinformatics and industrial engineering.
The advancement and training of employees
featured prominently in Miele’s 2017 Sustainability
Report, published online as a 250-page PDF fileon June 30 (www.miele.com/sustainability). Key
content also includes information on the energy
efficiency of Miele products over their cradle-tograve life cycle. In this respect, Miele has morethan halved the energy and water consumption of
its appliances since 2000 without entertaining any
compromises in terms of convenience or performance. Similar achievements were accomplishedin environmental protection at production facilities:
Energy-related CO 2 emissions during the same
period were reduced by more than 50%.

€ 3.93 bn turnover
Turnover, staffing levels and investment hit all-time highs
Above-average growth in Germany

Miele reports 5.9% sales growth –and more than 1000 additional employees

The Executive Board of the Miele Group (from left to right): Dr. Stefan Breit (Technology), Dr. Markus Miele (Executive Director and Co-Proprietor),
Olaf Bartsch (Finances and Administration), Dr. Reinhard Zinkann (Executive Director and Co-Proprietor), Dr. Axel Kniehl (Marketing and Sales).

Family-owned Miele Company further consolidates worldwide growth at high level. The
world’s leading manufacturer of premium
domestic appliances achieved sales of € 3.93
bn in the 2016/17 financial year which ended onJune 30, 2017. This amounts to a year-on-yearincrease of € 218 m or 5.9%. Built-in appliancesand vacuum cleaners made an above-averagecontribution to this growth. Milestones from theperiod under review include a majority interestin the Italian medical technology specialist
Steelco, the launch of the Miele Venture CapitalGmbH and the creation of the new Smart Home
business unit. Currently, around 19,500 are in
the employment of Miele. During the reporting
period, investments totalled € 225 m.
In its own words, the Executive Board of the Miele
Group considers current growth to be ‘quite satisfactory’. For the third time in succession, Miele’s
sales growth has been well above the averageof the past 10 years, despite the less favourable
conditions which prevail in important markets suchas Russia, Turkey and (on account of exchange
rates) Great Britain. Furthermore, prices have comeunder continued pressure in virtually all relevant
product groups and markets.

The traditional Gütersloh-based company has
countered the price-aggressive marketing activities of other manufacturers with its continued
focus on quality and innovation leadership within its branch of industry, for instance by offeringhigh-quality flagship models with technical features exclusive to the Miele brand. At the sametime, entry-line and promotional models offer
better performance and convenience and, in individual cases, occupy new price points. This iscoupled with the persistent expansion of Miele’s
worldwide marketing presence both online andin brick-and-mortar stores, ensuring additional
impetus in an ever increasing number of markets.

Further growth expected
As a result, Miele’s Executive Board anticipates an appreciable further increase in both
turnover and unit sales in the coming financial
year. These expectations are founded in thecompany’s attractive product portfolio, a wellstructured set-up in marketing and sales – as wellas in the predominantly positive market forecasts
for Germany, Europe and the world at large.
In Germany, Miele achieved sales of € 1.18 bn,
representing an increase of 6.8%. Here, Miele has
been the undisputed winner in terms of market

share over recent years – and the No. 1 specialist retailer brand for major domestic appliances.
Outside Germany, the USA, Australia, Canada,
Austria and a number of Asian markets are worthyof special mention. In Great Britain, too, Miele wasable to make significant inroads in local currency,
although this was more than offset by currency disparity in the run-up to Brexit. In southern Europe,on the other hand, Italy and Spain have staged
an impressive comeback. At 70.0%, the share ofsales outside Germany has remained practicallyconstant ( 70.1% in previous year).
On an individual product group level, thesuccess story of the Miele dishwasher continued into the business year just ended – with anincrease in unit sales of almost 40% within thespace of three years. In the floor care sector,
Miele’s first bagless vacuum cleaner, the Blizzard
CX1, was successfully launched following its
trade show premiere at the IFA in 2016. For the
first time in a fiscal year, Miele sold more than
2.5 m vacuum cleaners and is once again European market leader ( vacuum cleaners with/without
dustbags) based on both turnover and unit sales.
With its handleless ArtLine series of built-in
appliances featuring doors which open electrical-

ly at the touch of a fingertip, Miele has forcefullycompleted its lineup of products catering for
flush-design high-end kitchens. And, in the field oflaundry care, Miele’s WT1 washer-dryer sets new
standards, boasting an aggregate cycle time ofless than 3 hours, the web-enabled TwinDos dispensing system – and an 40% increase in unit sales.

New impulses for smart home
On the smart domestic appliance front, Miele,
pioneer in the field for many years, pointed the way
in multiple respects during the reporting period:
The new Smart Home business unit has been up
and running since last autumn, bringing together
R&D, production and marketing under one roof.
Promising startups are now supported by Miele via
its newly founded subsidiary Miele Venture CapitalGmbH, through to direct equity stakes. As regards
content, the focus is on business models, technologies and applications relating to topics suchas the smart home or Industry 4.0, as well as on
innovative production and product technologies. And, at the last LivingKitchen exhibition,
the company presented its extended culinary
version of the Miele@mobile appliance app: In
exclusive collaboration with the Kitchen Stories

food portal, more than 1,100 Miele recipes and
200 inspirational food-preparation videos will
be accessible from mobile devices. The Miele
Professional business unit comprising laundry
technology, commercial dishwashing as wellas medical and laboratory technology recorded
sales of € 484 m during the past financial year.
This corresponds to an increase of 1.6%, whereby
growth was impeded by a one-time effect in thelaundry technology sector. Commercial dishwashers, for instance, with their new product range
achieved a growth rate of more than 8%. Similar
can be said of the service sector. A similarly positive trend is anticipated in the laundry technology
field, thanks to the considerably reduced electricity and water consumption of the new Benchmark
Plus generation of machines.

Steelco now belongs to Miele
In the medical technology field, Miele’s market
position has improved significantly on account of
the fact that the reputable Italian Steelco Group is
now part of the Miele Group. In the course of introducing a division of responsibilities, project business involving equipment sales to central sterile
supply departments ( CSSDs) in hospitals will beconcentrated under the Steelco label. Miele, for
its part, will concentrate on sales to surgeries andlaboratories. In the interests of a long-term partnership, Miele has taken out a majority interest in
Steelco, but will continue to manage the brand as
a separate and independent company. The over-riding aim is to offer clients an even more effective product portfolio and the best possible levelof service. The aggregate turnover resulting fromthe new alliance amounts to around € 250 m, withsignificant potential for further growth. The new
constellation did not have any impact on Miele
sales during the year under review.

Success through sustainability
As per June 30, 2017, Miele employed a staff of19,465 worldwide. This amounted to 1,095 employees, or 6.0%, more than in the previous year.
Staffing levels rose above average in particular inareas where positive business results necessitatedincreased capacities, namely at several production
plants and at Miele’s sales and service subsidiaries. At the close of the reporting period, Miele employed a staff of 10,888, corresponding to a growthof 562 FTEs or 5.4%. Staff numbers increased at
all production sites, at Central Headquarters andat Miele Germany.
At the beginning of the new training year due tostart on September 1, approx. 500 young persons
at German locations will commence an apprenticeship in one of 30 commercial professions or
technical trades. Around 120 will embark on a dual
course of study combining an apprenticeship witha university degree. This option is available at Miele
for instance in business administration, electricalengineering, mechanical engineering, businessinformatics and industrial engineering.
The advancement and training of employees
featured prominently in Miele’s 2017 Sustainability
Report, published online as a 250-page PDF fileon June 30 (www.miele.com/sustainability). Key
content also includes information on the energy
efficiency of Miele products over their cradle-tograve life cycle. In this respect, Miele has morethan halved the energy and water consumption of
its appliances since 2000 without entertaining any
compromises in terms of convenience or performance. Similar achievements were accomplishedin environmental protection at production facilities:
Energy-related CO 2 emissions during the same
period were reduced by more than 50%.

€ 3.93 bn turnover
Turnover, staffing levels and investment hit all-time highs
Above-average growth in Germany

Miele reports 5.9% sales growth –and more than 1000 additional employees

The Executive Board of the Miele Group (from left to right): Dr. Stefan Breit (Technology), Dr. Markus Miele (Executive Director and Co-Proprietor),
Olaf Bartsch (Finances and Administration), Dr. Reinhard Zinkann (Executive Director and Co-Proprietor), Dr. Axel Kniehl (Marketing and Sales).

Family-owned Miele Company further consolidates worldwide growth at high level. The
world’s leading manufacturer of premium
domestic appliances achieved sales of € 3.93
bn in the 2016/17 financial year which ended onJune 30, 2017. This amounts to a year-on-yearincrease of € 218 m or 5.9%. Built-in appliancesand vacuum cleaners made an above-averagecontribution to this growth. Milestones from theperiod under review include a majority interestin the Italian medical technology specialist
Steelco, the launch of the Miele Venture CapitalGmbH and the creation of the new Smart Home
business unit. Currently, around 19,500 are in
the employment of Miele. During the reporting
period, investments totalled € 225 m.
In its own words, the Executive Board of the Miele
Group considers current growth to be ‘quite satisfactory’. For the third time in succession, Miele’s
sales growth has been well above the averageof the past 10 years, despite the less favourable
conditions which prevail in important markets suchas Russia, Turkey and (on account of exchange
rates) Great Britain. Furthermore, prices have comeunder continued pressure in virtually all relevant
product groups and markets.

The traditional Gütersloh-based company has
countered the price-aggressive marketing activities of other manufacturers with its continued
focus on quality and innovation leadership within its branch of industry, for instance by offeringhigh-quality flagship models with technical features exclusive to the Miele brand. At the sametime, entry-line and promotional models offer
better performance and convenience and, in individual cases, occupy new price points. This iscoupled with the persistent expansion of Miele’s
worldwide marketing presence both online andin brick-and-mortar stores, ensuring additional
impetus in an ever increasing number of markets.

Further growth expected
As a result, Miele’s Executive Board anticipates an appreciable further increase in both
turnover and unit sales in the coming financial
year. These expectations are founded in thecompany’s attractive product portfolio, a wellstructured set-up in marketing and sales – as wellas in the predominantly positive market forecasts
for Germany, Europe and the world at large.
In Germany, Miele achieved sales of € 1.18 bn,
representing an increase of 6.8%. Here, Miele has
been the undisputed winner in terms of market

share over recent years – and the No. 1 specialist retailer brand for major domestic appliances.
Outside Germany, the USA, Australia, Canada,
Austria and a number of Asian markets are worthyof special mention. In Great Britain, too, Miele wasable to make significant inroads in local currency,
although this was more than offset by currency disparity in the run-up to Brexit. In southern Europe,on the other hand, Italy and Spain have staged
an impressive comeback. At 70.0%, the share ofsales outside Germany has remained practicallyconstant ( 70.1% in previous year).
On an individual product group level, thesuccess story of the Miele dishwasher continued into the business year just ended – with anincrease in unit sales of almost 40% within thespace of three years. In the floor care sector,
Miele’s first bagless vacuum cleaner, the Blizzard
CX1, was successfully launched following its
trade show premiere at the IFA in 2016. For the
first time in a fiscal year, Miele sold more than
2.5 m vacuum cleaners and is once again European market leader ( vacuum cleaners with/without
dustbags) based on both turnover and unit sales.
With its handleless ArtLine series of built-in
appliances featuring doors which open electrical-

ly at the touch of a fingertip, Miele has forcefullycompleted its lineup of products catering for
flush-design high-end kitchens. And, in the field oflaundry care, Miele’s WT1 washer-dryer sets new
standards, boasting an aggregate cycle time ofless than 3 hours, the web-enabled TwinDos dispensing system – and an 40% increase in unit sales.

New impulses for smart home
On the smart domestic appliance front, Miele,
pioneer in the field for many years, pointed the way
in multiple respects during the reporting period:
The new Smart Home business unit has been up
and running since last autumn, bringing together
R&D, production and marketing under one roof.
Promising startups are now supported by Miele via
its newly founded subsidiary Miele Venture CapitalGmbH, through to direct equity stakes. As regards
content, the focus is on business models, technologies and applications relating to topics suchas the smart home or Industry 4.0, as well as on
innovative production and product technologies. And, at the last LivingKitchen exhibition,
the company presented its extended culinary
version of the Miele@mobile appliance app: In
exclusive collaboration with the Kitchen Stories

food portal, more than 1,100 Miele recipes and
200 inspirational food-preparation videos will
be accessible from mobile devices. The Miele
Professional business unit comprising laundry
technology, commercial dishwashing as wellas medical and laboratory technology recorded
sales of € 484 m during the past financial year.
This corresponds to an increase of 1.6%, whereby
growth was impeded by a one-time effect in thelaundry technology sector. Commercial dishwashers, for instance, with their new product range
achieved a growth rate of more than 8%. Similar
can be said of the service sector. A similarly positive trend is anticipated in the laundry technology
field, thanks to the considerably reduced electricity and water consumption of the new Benchmark
Plus generation of machines.

Steelco now belongs to Miele
In the medical technology field, Miele’s market
position has improved significantly on account of
the fact that the reputable Italian Steelco Group is
now part of the Miele Group. In the course of introducing a division of responsibilities, project business involving equipment sales to central sterile
supply departments ( CSSDs) in hospitals will beconcentrated under the Steelco label. Miele, for
its part, will concentrate on sales to surgeries andlaboratories. In the interests of a long-term partnership, Miele has taken out a majority interest in
Steelco, but will continue to manage the brand as
a separate and independent company. The over-riding aim is to offer clients an even more effective product portfolio and the best possible levelof service. The aggregate turnover resulting fromthe new alliance amounts to around € 250 m, withsignificant potential for further growth. The new
constellation did not have any impact on Miele
sales during the year under review.

Success through sustainability
As per June 30, 2017, Miele employed a staff of19,465 worldwide. This amounted to 1,095 employees, or 6.0%, more than in the previous year.
Staffing levels rose above average in particular inareas where positive business results necessitatedincreased capacities, namely at several production
plants and at Miele’s sales and service subsidiaries. At the close of the reporting period, Miele employed a staff of 10,888, corresponding to a growthof 562 FTEs or 5.4%. Staff numbers increased at
all production sites, at Central Headquarters andat Miele Germany.
At the beginning of the new training year due tostart on September 1, approx. 500 young persons
at German locations will commence an apprenticeship in one of 30 commercial professions or
technical trades. Around 120 will embark on a dual
course of study combining an apprenticeship witha university degree. This option is available at Miele
for instance in business administration, electricalengineering, mechanical engineering, businessinformatics and industrial engineering.
The advancement and training of employees
featured prominently in Miele’s 2017 Sustainability
Report, published online as a 250-page PDF fileon June 30 (www.miele.com/sustainability). Key
content also includes information on the energy
efficiency of Miele products over their cradle-tograve life cycle. In this respect, Miele has morethan halved the energy and water consumption of
its appliances since 2000 without entertaining any
compromises in terms of convenience or performance. Similar achievements were accomplishedin environmental protection at production facilities:
Energy-related CO 2 emissions during the same
period were reduced by more than 50%.

Miele & Cie. KG
Corporate Communications
Carl-Miele-Straße 29
D-33332 Gütersloh

Particulary high investments in growthand innovation
During the past business year, the Miele Groupinvested to the tune of € 225 m. This represents€ 41 m, or 23%, more than in the previous year.
Almost two-thirds of these investments were allocated to locations within Germany, whereof
around 60% was ploughed into the developmentof new appliances as well as in the expansion,
conversion and modernisation of production facilities. Significant funds also went into the modernisation and extension of administration, sales andlogistics in Gütersloh. Particular public attention
was attracted by the construction of Miele’s firstday-care centre for children in Germany, which isdue to commence operation on March 1, 2018.

New showrooms were opened by Miele in Bolzano,Hong Kong, Madrid, Paris, Split and Stockholm.
The long-announced change on the Miele Board
went as planned: At the end of 2016, Dr. Eduard
Sailer retired after 19 successful years as board
member responsible for technical affairs. His successor in the post is Dr. Stefan Breit, previously
plant manager at Miele’s appliance production facility in Gütersloh. As part of a meticulously preparedtransition, Dr. Breit was called to the board in April
2016, representing the sixth Board member for anintervening period. Further Executive Directors,
each with equal voting rights, are Olaf Bartsch (Finances/Administration), Dr. Axel Kniehl (Marketing/Sales) and Dr. Markus Miele and Dr. Reinhard
Zinkann (Executive Directors and Co-Proprietors).

Miele sales and workforce development

Miele sales subsidiaries

Worldwide turnover *2012/132013/142014/15

2015/162016/17

3.15

3.22

3.49

3.71

3.93

thereof in Germany

0.95

0.98

1.03

1.10

1.18

Year-on-year change

+3,8%

+2,2%

+ 8,3%+ 6,4%+ 5,9 %

No. of employees

17,251

17,66017,74018,37019,465

thereof in Germany

10,37910,411

10,350

10,326

10,888Year-on-year change+ 3,2 %

+2,4 %+0,5 %+3,5 %+6,0 %* in EUR bn									Figures as per June 30, 2017

Contact:
Carsten Prudent
Tel.: + 49 ( 0 ) 5241/89 -1951
Email: carsten.prudent@miele.com

Business Report 2 016/17
					

FACTS AND FIGURESMiele & Cie. KG
Corporate Communications
Carl-Miele-Straße 29
D-33332 Gütersloh

Particulary high investments in growthand innovation
During the past business year, the Miele Groupinvested to the tune of € 225 m. This represents€ 41 m, or 23%, more than in the previous year.
Almost two-thirds of these investments were allocated to locations within Germany, whereof
around 60% was ploughed into the developmentof new appliances as well as in the expansion,
conversion and modernisation of production facilities. Significant funds also went into the modernisation and extension of administration, sales andlogistics in Gütersloh. Particular public attention
was attracted by the construction of Miele’s firstday-care centre for children in Germany, which isdue to commence operation on March 1, 2018.

New showrooms were opened by Miele in Bolzano,Hong Kong, Madrid, Paris, Split and Stockholm.
The long-announced change on the Miele Board
went as planned: At the end of 2016, Dr. Eduard
Sailer retired after 19 successful years as board
member responsible for technical affairs. His successor in the post is Dr. Stefan Breit, previously
plant manager at Miele’s appliance production facility in Gütersloh. As part of a meticulously preparedtransition, Dr. Breit was called to the board in April
2016, representing the sixth Board member for anintervening period. Further Executive Directors,
each with equal voting rights, are Olaf Bartsch (Finances/Administration), Dr. Axel Kniehl (Marketing/Sales) and Dr. Markus Miele and Dr. Reinhard
Zinkann (Executive Directors and Co-Proprietors).

Miele sales and workforce development

Miele sales subsidiaries

Worldwide turnover *2012/132013/142014/15

2015/162016/17

3.15

3.22

3.49

3.71

3.93

thereof in Germany

0.95

0.98

1.03

1.10

1.18

Year-on-year change

+3,8%

+2,2%

+ 8,3%+ 6,4%+ 5,9 %

No. of employees

17,251

17,66017,74018,37019,465

thereof in Germany

10,37910,411

10,350

10,326

10,888Year-on-year change+ 3,2 %

+2,4 %+0,5 %+3,5 %+6,0 %* in EUR bn									Figures as per June 30, 2017

Contact:
Carsten Prudent
Tel.: + 49 ( 0 ) 5241/89 -1951
Email: carsten.prudent@miele.com

Business Report 2 016/17
					

FACTS AND FIGURES