Faber-Castell achieved a satisfactory business performance in the 2023/24 fiscal year despite increasingly challenging market conditions: The company could maintain a strong return on sales above the pre-Covid level of 19/20 even though these declined slightly compared to the previous financial year. Faber-Castell is strengthening its focus on creativity-enhancing and sustainable product concepts.
Penning the Constitution. To commemorate the 75th anniversary of Germany’s Basic Law from 1948, which forms its constitution, the DNA code of the ink of the original constitutional document has been deciphered and incorporated into the ink of the Graf von Faber-Castell collection.
Faber-Castell aims to motivate people to express their creativity and individuality with high-quality and innovative products for painting, drawing and writing. A lot of people are held back by a lack of belief in their own abilities. The new global brand campaign, “Creativity in your hands”, aims to strengthen their confidence in their own creativity.
Everyone is creative in their very own
Faber-Castell AG has appointed Dirk Engehausen as the new Chairman of the Supervisory Board. Engehausen succeeds Gerhard Berssenbrügge, who stepped down from the board for regulatory reasons at the end of 2023.
New Sustainability Report 2022/23: Faber-Castell has made progress, particularly in renewable energy and recycled plastic, thus continuing to implement its ambitious sustainability strategy. Creativity is firmly anchored as a driver for change in the company’s global consumer approach.
In accordance with the company’s internal regulations regarding age, Gerhard Berssenbrügge will step down as Chairman of the Faber-Castell AG Supervisory Board at the end of 2023. He will be succeeded by the former CEO of the Schleich Group, Dirk Engehausen, as a new supervisory board member.
Faber-Castell has acquired the company Robert E. Huber GmbH, a renowned manufacturer of precision mechanical products and components specializing in the production of high-quality writing instruments and accessories for global brands. "We are delighted to welcome Robert E. Huber to the Faber-Castell Group," said Stefan Leitz, CEO of Faber-Castell.
In the 2022/23 financial year, Faber-Castell generated the second-highest turnover in the company's history. After markets largely recovered from Covid-19 restrictions, the company realized a strong increase in turnover of 24,2 %, with sales rising to 649.2 million euros, up from 522.6 million euros the year before.
As the first company in the writing, drawing, and creative products industry, Faber-Castell is starting its first Web3 project, "Faberverse." Faber-Castell aims to create a platform in Web3 where various stakeholders can come together: digital and traditional artists, fans, thinkers, and collectors.
The company’s forest in Brazil, more recycled plastic as well as projects for green electricity and water: Faber-Castell is continually improving its environmental impact by using more sustainable materials and renewable energies, among other things.
Stein - In September, Faber-Castell is launching an international communication campaign about its different mechanisms for sustainable production. This should highlight the company’s sustainability leadership in the industry and make its engagement more visible worldwide: Faber-Castell was the first in the industry to grow its own forests in the mid-1980s. Around 10,000 hectares of pine forest su
Faber-Castell has now exceeded pre-pandemic levels with over 15% turnover in currency-adjusted terms. The Group has made strong gains in all areas and regions. Markets in the Americas developing particularly well.
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