Endress+Hauser on course for growth after strong 2019

Endress+Hauser remains on course for growth through 2020, the company has announced. In 2019, the Swiss-based measurement and automation technology specialist increased its net sales by almost 8 percent to over €2.6 billion. The company created 400 new jobs worldwide, so that by the end of the year the company had more than 14,300 employees.

“We have grown across all fields of activity, industries and regions,” said Matthias Altendorf, CEO of the Endress+Hauser Group. Strong impetus came from Asia. Europe, the Americas, Africa and the Middle East developed positively, but at a much slower pace. “With good product innovations, we have set a clear benchmark in the industry,” emphasized Matthias Altendorf.

In 2019, order entry rose faster than sales. “Endress+Hauser has started 2020 with a significantly higher order backlog than the year before,” reported chief financial officer Dr. Luc Schultheiss. “The Group was able to maintain the return on sales at the previous year’s level. We are satisfied with our profit before taxes,” said Schultheiss.

Endress+Hauser expects slower development in 2020. The Group anticipates sales growth in the mid-single-digit percentage range and aims to maintain profitability at a good level. “However, there are still many uncertainties,” stressed Schultheiss.

Endress+Hauser is a global leader in measurement and automation technology for process and laboratory applications. The family company, headquartered in Reinach, Switzerland, achieved net sales of over 2.6 billion euros in 2019 with a total workforce of 14,000.

The digitalization of industrial production inspired many customers of measurement and automation technology specialist Endress+Hauser in 2019.

Endress+Hauser devices, solutions and services are at home in many industries. Customers thus use them to gain valuable knowledge from their applications. This enables them to improve their products, work economically and at the same time protect people and the environment.

Endress+Hauser is a reliable partner worldwide. Own sales companies in 50 countries as well as representatives in another 70 countries ensure competent support. Production facilities on five continents manufacture quickly and flexibly to the highest quality standards.

Endress+Hauser was founded in 1953 by Georg H Endress and Ludwig Hauser. Ever since, the company has been pushing ahead with the development and use of innovative technologies, now helping to shape the industry’s digital transformation. 8,000 patents and applications protect the Group’s intellectual property.