Excellent Growth for Endress+Hauser Group

  Enquiry / contact me

Increases in sales, earnings and employment in 2018

Excellent Growth for Endress+Hauser Group
Excellent Growth for Endress+Hauser Group
Endress+Hauser CEO Matthias Altendorf
Endress+Hauser CEO Matthias Altendorf

According to preliminary figures, Endress+Hauser, one of the world’s leading providers of process and laboratory instrumentation, automation solutions and services, increased net sales by more than 9 percent to over 2.4 billion euros in 2018. Exchange rate effects prevented even better results. “In local currencies, we grew nearly 13 percent,” said Chief Financial Officer Dr Luc Schultheiss. The family-owned company created new jobs primarily in production, research and development and services. At the end of 2018, Endress+Hauser had 13,928 employees worldwide, 629 more than the year before. 

Digitization creates a positive outlook

“The solid development in sales shows that we have held our ground well in the market,” explained CEO Matthias Altendorf. The growth was spurred by innovations from across all fields of activity. “We supported our customers with more than 50 new products, solutions and services. We were able to break new ground through our digitalization strategy, as well as in the measurement and analysis of quality-relevant parameters,” said the Group’s CEO. 

Endress+Hauser is expecting a somewhat weaker market dynamic for the current year. The Group is anticipating growth in the mid single-digit range, with earnings remaining at a healthy level. “The year has gotten off to a good start so far,” reported Luc Schultheiss. Assuming the business remains well on track, the Group expects to create several hundred new jobs around the world. Endress+Hauser will present its 2018 audited financial figures on 14 May 2019 in Basel, Switzerland.
 

Posted on February 28, 2019 - (109 views)
Related articles
FLIR GF 77. The Groundbreaking, Affordable OGI Camera
Our Solutions, as Individual as You.
handle with... CO.RA
On-line Turbidity Measurement
Customized Pump Technology. For Life.
The Groundbreaking, Affordable OGI Camera
Always Working When You Need It
The Italian Manufacturer of Rupture Discs
PCNE Offers You a Free Ticket to Hannover Messe: Scan the QR-Code.
Our Solutions, as Individual as You.
Wireless Heavy-Duty Transmitter
Sensata Launches New Low Noise Solid State Relays
Multifunctional Transmitters for SIL and Ex Applications
Low-Cost Optical Gas Imaging Camera for Leak Detection
Benchtop Lab Gas Analyzer for Hydrogen Sulfide
Safeguarding Staff from Carbon Monoxide Leaks
Achieve the Highest Lockout/Tagout Safety with Highly Innovative SafeKey Lockout Padlocks
FIND OUR NEW RANGE OF RUPTURE DISCS AT ADIPEC 2019
Modbus Temperature Probe
Affordable OGI Camera for Methane Detection
Protect Machines Using Sound, IoT and AI
From Buffalo Mozzarella to Green Energy
Sensor for Easy Condition Monitoring
Achieve the Highest Lockout/Tagout Safety with Highly Innovative SafeKey Lockout Padlocks
Brady Inspection Timer
Flowmeter for the Precise Detection of Media Changeover
Digitalization will be the Number 1 Trend at ADIPEC 2018
Efficient Supply and Transport of Goods
Vial and Bottle Labeller
Spiral Retaining Ring