On 5 November, Progroup celebrated its 30th anniversary and the change of generations to be implemented at the end of the year. Progroup founder and CEO Jürgen Heindl will hand over the position of CEO to his son Maximilian Heindl, until now Deputy CEO. Jürgen Heindl will be moving to the Supervisory Board and will run JH Holding GmbH. Maximilian Heindl’s clear aim is to continue to lead the family busines, following his vision, and to expand it to secure its future.
These milestones were achieved in a challenging environment. In the third quarter, the general conditions were aggravated by the Russia-Ukraine war and soaring energy prices, rising inflation and the continued disruption of supply chains. The seasonally weaker market also dampened demand for our products. Nevertheless, Progroup has persistently performed well. Increased sales prices had a positive impact on our profit margin.