German oil and additive specialist, LIQUI MOLY, has continued to show strong sales growth in 2021 with sales of €60 million in April, up 60% on the same month last year. Even considering how April 2020 was affected by the pandemic, sales were also 26% up on April 2019.  

Managing Director Ernst Prost commented, "We have started this year with great momentum and we will continue to maintain this momentum."

Ernst Prost points out that March was a record month for the company with the brand showing strong international growth. In Italy, Australia and South Africa, sales doubled compared to the same period in the previous year, and in the USA and Canada, the largest sales market after Germany, sales increased by more than 40%.

Ernst says that this growth is the result of the countercyclical investment strategy of the last twelve months, however, the company still faces challenges. He says, "We have to make every effort to get our hands on enough raw materials. And we are also desperately looking for containers to ship our oils and additives to our customers. This is a daily battle, but we can manage it."

LIQUI MOLY is of course feeling the effect of pandemic-related restrictions in many countries. But thanks to its international diversification, the company can offset the struggling business in one country with stronger business operations in other countries. "Overall, however, we see the global economy increasingly gaining momentum," says Ernst Prost. "We hope that we will be able to gradually return to normal again during the year.”