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.
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.