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Hoftex Group AG Value Stock - Dividend - Research Selection


ISIN: DE0006760002 , WKN: 676000

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Description of the company

HOFTEX GROUP AG is characterized by a flat hierarchical structure. Organizationally, the Hoftex Group consists of HOFTEX GROUP AG and the three business units with corresponding subsidiaries. The AG acts as a holding company and, with its central functions, assumes overarching tasks for the Hoftex Group. The central areas include purchasing, human resources, finance and accounting, corporate controlling, IT and industrial engineering.


The Supervisory Board, consisting of nine members, advises the Management Board and oversees its management. The Supervisory Board must be involved in decisions of fundamental importance to the company. In particular, it examines the annual and consolidated financial statements as well as the group management report. At the Annual General Meeting, the Chairman of the Supervisory Board explains the written report of the Supervisory Board. Members of ERWO Holding AG, employee representatives and independent experts are represented on the Supervisory Board.


Strategy and goals

The Hoftex Group has developed from a standard textile producer in several stages to become a diversified niche supplier of highly innovative textile products. As a manufacturer of textile solutions, our companies are valued as competent and reliable partners for customers in a wide range of future-oriented and high-growth industries. The business units have little overlap and can therefore develop their own strategy. The business units focus on products that are innovative, reliable and must meet the highest product quality standards. The wishes and needs of the customers are always in the center and form the basis of every strategy and development. The consistent ownership structure of HOFTEX GROUP AG and its balanced product and service portfolio ensure long-term, stable corporate development and the pursuit of corporate strategy. The customers of the Hoftex Group thus have the certainty of having a reliable and faithful partner by their side over several years of product cycles.



Every day we are confronted with the consequences of global developments: resource scarcity, climate change and increasing inequality. We believe that we can leverage our experience in textiles, particularly through technology and production technology, to make a significant contribution to a transparent and sustainable textile industry. An important element of sustainability policy is energy and environmental management. Also last year, various measures were implemented with the aim of further reducing energy consumption. Further measures will take place in the coming years.


The companies of the Hoftex Group undergo regular audits in order to permanently secure and systematically improve safety, quality and sustainability, and ultimately to become more efficient and profitable. The various certifications provide evidence of our commitment to our stakeholders and we are also recognized and valued as a trusted partner.


The shares are traded in the over-the-counter segment m: access at the Munich Stock Exchange. The majority of the capital (about 84%) is held by ERWO Holding AG.

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