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STIHL in Russia

Company

Andreas Shtil Marketing LLC

Content

Financial results
2022 year
Revenue: 1.22 millions Ths. rub
Net Profit: 0.23198 millions Ths. rub

STIHL is a German family-owned enterprise founded in 1926. As of 2017, it operates in more than 160 countries. The company specializes in the production of chainsaws and gasoline tools for agriculture, forestry, parking, for the garden and for the construction industry.

It is represented in Russia by Andreas Shtil Marketing LLC.

Shtil Südvest is a branch of the company in Russia, in the city of Krasnodar.

Performance indicators

2022: tripling of annual profit to RUB 231.98 mln

At the end of 2022, the Russian division of Stihl International raised 1.22 billion rubles, which is 26.7% more than a year earlier. The company's net profit increased 2.6 times and amounted to 231.98 million rubles, which was a record figure for Shtil Südvest LLC. Such data were released in early May 2023.

According to Interfax, citing the reporting of Shtil Sudvest LLC under RAS, in 2022 the company's cost of sales fell by 40.7% compared to 2021 and amounted to 777.971 million rubles. As a result, gross profit increased by 24.3%, to 445.1 million rubles, and profit from sales - 1.9 times, to 250.9 million rubles.

Russian division Stihl International raised 1.22 billion rubles

The company's documents explain that the revenue from the main type of activity is indicated minus the retro bonuses that were paid to dealers for achieving certain sales volumes (in 2021 - 5,649 thousand rubles, in 2022 - 179.8 thousand rubles).

According to the Unified State Register of Legal Entities (USRUL), by May 2023 Stihl International GmbH owns 99.9% in the authorized capital of Shtil Südvest LLC, Andreas Shtil - 0.1%.

Shtil Südvest has a logistics center worth 40 million rubles in Krasnodar, which is a distribution center for the distribution of Stihl products in the central part of Russia, as well as in the south of the country and the North Caucasus. The complex became Stihl's first own logocenter in Russia. By May 2023, Stihl, in addition to Russia, has representative offices in more than 160 countries of the world.

Stihl is a developer, manufacturer and seller of motorized tools for forestry, agriculture and construction. In Russia, the vendor's products are sold through a specialized trade and service network.[1]

Notes