Endress+Hauser records strong sales growth in 2022 and looks ahead with confidence
By Endress+Hauser Canada Ltd.
GeneralDynamic start to the new year
Endress+Hauser is heading into its special anniversary year with momentum. In 2022, the measurement and automation-technology specialist increased consolidated sales by almost 17 per cent to more than 3.3 billion Euros. Nearly 16,000 people are employed worldwide by the Group. The family-owned Swiss company also has a confident outlook for 2023, a year in which it is celebrating its 70th birthday.
From startup to global player
On Feb. 1, 1953, Georg H Endress and Ludwig Hauser officially registered their enterprise. The company has since grown from a two-man operation to a leading global provider of process and laboratory instrumentation, automation solutions and services. The Group boasts sales and support organizations in 125 countries and manufactures in all major economic regions, thus making the family-owned company a genuine global player.
Strong growth, positive outlook
“2022 was marked by strong growth. We continued to reliably support our customers despite strained supply and logistics chains,” reports CFO Dr Luc Schultheiss. Thanks to a further increase in incoming orders, Endress+Hauser is heading into its 70th-anniversary year with strong momentum. “We expect double-digit sales growth in 2023 as well,” says the CFO. The company is looking to create new jobs around the world and is planning to invest heavily in buildings and equipment.
Focus on long-term success
Endress+Hauser has nearly doubled its sales volume in the last ten years and grew its headcount by more than 50 per cent. Far more than 1.5 billion euros from the Group’s own financial resources was invested in new buildings and equipment in the same period. “Our customers value us, our employees are dedicated to the company and our shareholders think long-term,” emphasizes CEO Matthias Altendorf. “We can be proud of what we have achieved and can look into the future with confidence.”
Anniversary celebration
Employees will be celebrating the Group’s 70th anniversary through both small and large events and activities all over the world. From June 26 to 28, 2023, Endress+Hauser is inviting customers, partners and industry experts to attend the Global Forum in Basel, Switzerland, to jointly discuss the sustainable transformation of the process industry. Endress+Hauser will present its audited financial statements on April 4, 2023 in Basel.
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