GEOBRA BRANDSTÄTTER
Playmobil sales close to EUR 500m / Toymaker reports broad sales growth / German income slips / Cautious optimism for 2009
Sales at “Playmobil” toy manufacturer geobra Brandstätter (Zirndorf / Germany; www.playmobil.com) increased by 8% year-on-year to EUR 496m in 2008, with international sales accounting for 68% of the total. Sales of the core Playmobil brand increased 6% to EUR 452m from EUR 427m in 2007. Thirteen Playmobil products are included in the EuroToys index of the 50 best-selling toys, including an Egyptian pyramid introduced in 2008, which ranked ninth, and an advent calendar, which ranked second.
![]() Dragon from the “Dragonland” range produced using two-component sandwich technology (photo: Playmobil) |
In Germany, sales slipped slightly to EUR 144.6m because retailers started the year with high stocks. France remained the company’s strongest export market, with sales up 17% year-on-year at EUR 118m. The Iberian Peninsula moved into fourth place among international markets with sales up 25%. Sales increased 15% in dollar terms on the US market, equating to only 7% in euros due to exchange rate fluctuations.
The company is cautiously optimistic about the outlook for 2009. Managing director Andrea Schauer predicted healthy single-digit percentage growth. Playmobil will be specifically targeting the Polish, Mexican and Scandinavian markets, where it expects to generate high growth rates. In 2008, the Mexican market improved 31% in local currency and 21% after translation into euros. In Scandinavia the company switched from a distributor to its own sales subsidiary last year.
The group has earmarked EUR 32m for investment in 2009. A large proportion – EUR 19.5m – will be spent on around 700 new moulds. A further EUR 11m is earmarked for new machinery including a production facility in Malta. As announced at the beginning of 2008, Playmobil has transferred some contract manufacturing back to its facility in Dietenhofen / Germany, although not on the scale originally planned. Globally, the workforce increased to 2,973 from 2,861. The introduction of a five-shift system in Dietenhofen created 100 new jobs.
Schauer said that the “Lechuza” brand of flowerpots is close to break-even. The business unit’s sales were slightly above budget at EUR 33m in 2008 (EUR 22m in 2007). It plans to raise sales by a further 20% to EUR 40m in 2009.
The company is cautiously optimistic about the outlook for 2009. Managing director Andrea Schauer predicted healthy single-digit percentage growth. Playmobil will be specifically targeting the Polish, Mexican and Scandinavian markets, where it expects to generate high growth rates. In 2008, the Mexican market improved 31% in local currency and 21% after translation into euros. In Scandinavia the company switched from a distributor to its own sales subsidiary last year.
The group has earmarked EUR 32m for investment in 2009. A large proportion – EUR 19.5m – will be spent on around 700 new moulds. A further EUR 11m is earmarked for new machinery including a production facility in Malta. As announced at the beginning of 2008, Playmobil has transferred some contract manufacturing back to its facility in Dietenhofen / Germany, although not on the scale originally planned. Globally, the workforce increased to 2,973 from 2,861. The introduction of a five-shift system in Dietenhofen created 100 new jobs.
Schauer said that the “Lechuza” brand of flowerpots is close to break-even. The business unit’s sales were slightly above budget at EUR 33m in 2008 (EUR 22m in 2007). It plans to raise sales by a further 20% to EUR 40m in 2009.
![]() Whale skeleton made of luminescent polycarbonate (photo: Playmobil) |
The latest catalogue of new toys presented at the Toy Fair in Nuremberg / Germany (www.spielwarenmesse.de) once again showcased a number of technical highlights. These included luminescent components such as a whale skeleton made from a specially developed polycarbonate that is safe for toys and food contact uses and a 25 cm dragon whose wings are coloured red and black using two-component sandwich injection moulding technology rather than coating.
10.02.2009 Plasteurope.com [212725-0]
Published on 10.02.2009