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1 Mar 2020   Endress+Hauser on course for growth

Group increases sales, employment and profit in 2019

Endress+Hauser remains on course for growth. In 2019 the Group increased its net sales by almost 8 percent to over 2.6 billion euros. The Swiss measurement and automation technology specialist created 400 new jobs worldwide. At 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 the CFO.

Lower growth expectations for 2020

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

Endress+Hauser will present its audited 2019 financial figures on 12 May 2020 in Basel, Switzerland.

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“With good product innovations, we have set a clear benchmark in the industry,” emphasized Matthias Altendorf, CEO of the Endress+Hauser Group.

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“The Group was able to maintain the return on sales at the previous year’s level,” explained Dr Luc Schultheiss, CFO of the Endress+Hauser Group.

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


The Endress+Hauser Group

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.

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.

For further information, please visit www.endress.com/media-center or www.endress.com

Contact

Martin Raab
Group Media Spokesperson
Endress+Hauser AG
Kägenstrasse 2
4153 Reinach BL
Switzerland

Email martin.raab@endress.com
Phone +41 61 715 7722
Fax
+41 61 715 2888

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