Business News

  • Endress and Hauser Anounce a Solid Year in 2017

Endress and Hauser Anounce a Solid Year in 2017

Feb 09 2018 Read 1031 Times

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.

Reader comments

Do you like or dislike what you have read? Why not post a comment to tell others / the manufacturer and our Editor what you think. To leave comments please complete the form below. Providing the content is approved, your comment will be on screen in less than 24 hours. Leaving comments on product information and articles can assist with future editorial and article content. Post questions, thoughts or simply whether you like the content.

Post a Comment




Digital Edition

International Environmental Technology June 2019

June 2019

In This Edition Business News - Gasmet Technologies acquires MonitoringSystems GmbH - Royal sponsorship for World Soil Museum - CDS Analytical acquires the rights to Empore™ products G...

View all digital editions

Events

Safety & Health Expo

Jun 18 2019 London, UK

National Safety Show

Jun 23 2019 Auckland, New Zealand

Sensor + Test 2019

Jun 25 2019 Nuremberg, Germany

Brasil Offshore

Jun 25 2019 Rio de Janeiro, Brasil

ACE 2019

Jun 25 2019 Quebec, QB, Canada

View all events