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 - (132 views)
Related articles
Italian Project for Decarbonisation of the Glass Industry
High-Shear Granulator
Applying ISO/IEC 27001/2 and the ISA/IEC 62443 Series for Operational Technology Environments
Clean Parts – Safe Processes
First GC Analyzers Installed Directly in a Natural Gas Pipeline
User-Friendly and Versatile Flowmeter Line
ATEX/IECEx/CCC-IS Certified Rugged Pyrometers with HART interface integration
Groundbreaking ceremony for green hydrogen production plant in Wunsiedel, Germany
Compact Dehumidification System for Climate Control
Water Utility of the Future
The Ultimate Solution for Temperature and Gas Monitoring
Handle with... CO.RA.
Shaping the Future of Process Industries
Handle with CO.RA
Absolutely Efficient. JUMO dTRANS T09 Cable transmitter for temperature.
SPSConnect: The Digital Automation Hub
Inspiring Sustainable Connections
FLIR GF 77. The Groundbreaking, Affordable OGI Camera
Our Solutions, as Individual as You.
handle with... CO.RA
External Powder Flow Sensor
Pressure Sensing with Functional Safety
Commercial Food Processing
Glass vial and syringe production
Critical Asset and Safety Solutions
Thermal Profiling Systems
Infrared Temperature Solutions
Smart Safety Valve for Technical Gases
MODBUS Transmitter With Dual Universal Inputs
Dome Pressure Regulator with Integrated Digital Sensor Technology
Fixed Acoustic Imager Announced
Shaping the Future—the Ethernet-APL Field Switch
Commercial Food Processing
Glass vial and syringe production
Critical Asset and Safety Solutions
Thermal Profiling Systems
Infrared Temperature Solutions
More Safety with Top Lockout Procedures and Custom Shadowboards
Strenghten Factory Resilience with Unique Solution for Predictive Maintenance
Protect Machines Using Sound, IoT and AI