RV News

Erwin Hymer Group Reports Record Results

erwin hymer group logo

In the 2023/24 fiscal year, THOR Industries achieved a turnover of $10.04 billion with just over 22,000 employees and 186,908 vehicles sold. The Erwin Hymer Group, as a European subsidiary with close to 8,900 employees and 55,317 vehicles sold, contributed $3.36 billion to the total turnover. The company thus achieved the highest turnover in its history and exceeded expectations.

The Erwin Hymer Group was able to increase its market share of new registrations in Europe by adding 3.5% of market share in the first half of 2024. With a total market share of 23.6% EHG is the leading manufacturer of recreational vehicles in Europe and is ranked first in several categories:

  • 1 in Europe – total recreational vehicles
  • 1 in Europe – motorized recreational vehicles
  • 1 in Europe – camper vans
  • 1 in Europe – urban campers (manufacturers of recreational vehicles without automotive OEMs)
alexander leopold portrait
Leopold

“Our figures demonstrate the attractiveness of our brands and the high demand for our products. In a challenging market environment, we’ve succeeded in achieving our ambitious growth targets and significantly increasing our operating profitability,” said Alexander Leopold, CEO of Erwin Hymer Group. “This gives us the tailwind we need to implement our strategic goals in the areas of sustainability, innovation and digitalization.”

RV PRO Staff

The go-to business-to-business publication for RV industry professionals, RV PRO features a team of experienced writers and editors with a collective 54 years of editorial experience and 11 years of RV industry experience. For more about our team, visit rv-pro.com/about

Related Articles

Back to top button