April 29, 2022
HARTMANN starts 1st quarter with lower earnings
The rising costs of materials, transportation, and energy, already on the rise since last year, significantly impacted HARTMANN's business performance in the first three months of 2022. The outbreak of the Russian-Ukrainian war exacerbated this development even further. By contrast, for the first time since its outbreak, the coronavirus pandemic no longer had a significant impact on business development. No positive effects materialized as a result of the extraordinary economic situation caused by the pandemic and the market gradually returned to normal, albeit at a reduced level.