Schwalbe reports record sales year in its 50th year in business

REICHSHOF, Germany (BRAIN) — The privately-owned company that owns the tire brand Schwalbe is reporting 2022 sales of 335 million euros ($359 million), up 20% from the year prior. It was a new company sales record in its 50th anniversary year.The company said it expects a decline in sales in 2023 but said it is confident of success in the medium term.

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