Segments
The ElringKlinger Group’s operating business is divided into four segments, as outlined below:
Original Equipment
Within the Original Equipment segment, ElringKlinger develops, manufactures, and sells products and assemblies destined for the automotive industry. They include lightweight components, thermal and acoustic shielding systems, cylinder-head and specialty gaskets, battery and fuel cell systems, and complete electric drive units. Supplied to the car and truck market, these products are used in engine, drivetrain, exhaust system, underbody, chassis, and vehicle body applications.
Aftermarket
In the Aftermarket segment, ElringKlinger offers an extensive range of high-quality gaskets, gasket sets, and service parts for the professional repair of engines, transmissions, exhaust systems, and auxiliary units in cars and commercial vehicles. They are marketed under the “Elring – Das Original” brand. Business within the Aftermarket segment is transacted through a global network of wholesalers and major group purchasing organizations. Alongside Western and Eastern Europe, the key markets for this area of business in terms of revenue include the Middle East and North Africa. ElringKlinger has been expanding its sales activities in North America and China in recent years.
Engineered Plastics
Within the Engineered Plastics segment, ElringKlinger develops, manufactures, and markets a wide range of customized products made from various high-performance plastics. Revenue is attributable primarily to sales within the mechanical engineering sector and the medical, chemical, and energy industries as well as the vehicle industry. ElringKlinger is pushing ahead with efforts to expand its business in this segment at an international level and also operates production sites in the United States and China.
Other
As from the 2020 financial year, the segment referred to as Other comprises the activities of the former Services and Industrial Parks segments. With a share of 0.3% of Group revenue, it is of subordinate importance. Services include the operation of state-of-the-art engine test benches and measuring equipment for tests on engines, transmissions, and exhaust systems. The segment's customer base includes both vehicle manufacturers and automotive suppliers. This segment also includes logistics services for aftermarket sales and the catering service of a Group subsidiary.
ElringKlinger Group Segments
Segment | Proportion of revenue | Main customer groups |
---|---|---|
Original Equipment | 79% | Car, truck and engine manufacturers, automotive suppliers, non-automotive |
Aftermarket | 14% | Independent aftermarket business |
Engineered Plastics | 7% | Vehicle industry, mechanical engineering, medical technology |
Other | <1% | Unspecified industries |
Sales revenue by segment in 2022
(prior year) in EUR million