Select Page

A solid year for Endress+Hauser

A solid year for Endress+Hauser

In its preliminary financial figures for 2017, Endress+Hauser reported a broadly supported growth in sales, solid profitability and a marked increase in employment. The company is a leading global provider of process and laboratory measurement engineering, automation solutions and services.

The Group’s consolidated net sales rose 4.8 percent to 2.2 billion euros. Exchange rate impacts prevented the company from generating even better numbers for the year. “Expressed in local currencies, we grew more than six percent in 2017,” emphasized Chief Financial Officer Dr Luc Schultheiss.

“The consumer-driven economic boom has now reached the capital goods industry as well,” said Matthias Altendorf, CEO of the Group. Higher demand for the company’s products and services spurred a significant increase in new hires, especially in production. Endress+Hauser had 13,299 employees at the end of 2017, an increase of 296 over the prior year.

Following another upswing in the business during the fourth quarter, the measurement technology specialist entered the new year with a sizeable rise in backlog orders. For 2018, the family company expects to see growth in the mid-single-digit percent range.

The audited financial figures for 2017 will be presented on 8 May 2018 in Basel.

 

Source: Endress+Hauser

ADVERTISING

Latest Issue

ADVERTISING

Videos

Loading...

ADVERTISING

Upcoming Events

Sep
10
Mo
ganztägig IMTS 2018 @ McCormick Place
IMTS 2018 @ McCormick Place
Sep 10 – Sep 15 ganztägig
IMTS 2018 @ McCormick Place
The International Manufacturing Technology Show, IMTS is one of the largest industrial trade shows in the world, and it will take place in Chicago, Illinois, USA from 10 to 15 September 2018. More than 115,000[...]

Motion + Drives @ Social

Automation @ Social

Logistics @ Social

Translate »
 

Cookies help us in providing our services. By using our services, you agree to be bound by cookies. Learn more

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close