Efficiency and synergy measures implemented at global production sites. 

 

Faber-Castell has announced plans to “accelerate” its transformation program following a drop in profit and sluggish sales growth.

 

“Challenging political and economic conditions, exacerbated by US tariff policy and global consumer restraint, continue to weigh on group sales in the current fiscal year 25/26,” the Bavaria-based company said.

 

Against this backdrop, the ‘ONE Faber-Castell’ corporate strategy, which was launched three years ago and focuses on a series of growth initiatives and efficiency measures, is now being adapted in parts to the changed external conditions and rolled out at a faster pace.

 

“The implementation of our global strategy has been highly successful. However, facing the increasingly dynamic and volatile global economic situation, it must be accompanied by a tighter schedule and further cost-cutting measures,” CEO Stefan Leitz said.

 

“As a global company, we must leverage our group strength even better in order to ensure competitiveness.” This means re-evaluating the role of global production and distribution facilities, establishing global centres of excellence, and consolidating locations where necessary. 

 

“We are in the process of conducting a detailed analysis of all plants and branches and implementing the optimal scenario for each based on our long-term sales and profitability targets,” he said.