Endress+Hauser celebrates strong growth in sales ahead of 70th anniversary
15 Feb 2023
Measurement and automation tech specialist Endress+Hauser increased its consolidated sales by almost 17% (€3.3 million) year on year during 2022.
CFO Dr Luc Schultheiss said of the Switzerland-based family owned group ,which celebrates its 70th anniversary year:
“We continued to reliably support our customers despite strained supply and logistics chains.”
He added that the company expected to make “double-digit sales growth in 2023 as well.”
In the last decade the company has doubled sales volume and increased headcount by more than 50% with an estimated 16,000 employees worldwide. During the same period, it invested in excess of €1.5 million in new buildings and equipment.