Posts Tagged ‘financial’

2017- a solid year for Endress+Hauser

Friday, February 23rd, 2018 von admin

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.