A solid year for Endress+Hauser

Broadly supported growth in sales, solid profitability and a marked increase in employment

  • March 6, 2018
  • 55014 views
  • A solid year for Endress+Hauser
    A solid year for Endress+Hauser
  • Chief Financial Officer Dr. Luc Schultheiss
    Chief Financial Officer Dr. Luc Schultheiss
  • Matthias Altendorf, CEO of Endress+Hauser
    Matthias Altendorf, CEO of 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.

Into the current year with momentum

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.

Marta Roberti graduated in Linguistic Sciences at the Catholic University of Milan in February 2016. At the same University, she also obtained a Master in Publishing for Print and Digital Media in November 2016. Since June 2016 she is part of the editorial staff of IEN Europe and IEN Italia in TIMGlobal Media.
 

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