Despite difficulties due to a software upgrade, the German oil and additive specialist LIQUI MOLY was able to maintain growth and post another record turnover in 2019. This included a very impressive performance in Ireland, were the company increased its sales by more than a third.

LIQUI MOLY closed the year with a record turnover of €569 million, an annual increase of 4%. Managing Director Ernst Prost said, “This shows that we can be successful even under adverse conditions.”

LIQUI MOLY had introduced new software to control purchasing, production and sales. The changeover did not run as smoothly as expected and was the cause of considerable delivery difficulties. However, step by step, the company solved the software problems and started the race to catch up.

As expected, LIQUI MOLY grew more strongly in exports than in its home market of Germany, where the brand has been established for decades. “For a long time now, we have achieved higher turnover internationally than in our home market,” says Ernst Prost. “The sales potential there is also much greater.”

However, LIQUI MOLY manufactures its oils and additives exclusively in Germany to ensure the same consistently high quality level all over the world.