Endress+Hauser records strong sales growth in 2022 and celebrates 70 years this year
Mike EdwardsNews People in Process anniversary Endress+Hauser Georg Endress Ludwig Hauser Matthias Altendorf sales growth
Endress+Hauser Group is in its 70th anniversary year, arriving with momentum as the measurement and automation technology specialist increased consolidated sales by almost 17 percent to more than €3.3 billion in 2022. Nearly 16,000 people are employed worldwide by the family-owned Swiss company.
On February 1, 1953, Georg H. Endress and Ludwig Hauser officially registered their enterprise. The company has since grown from a two-man operation to a global provider of process and laboratory instrumentation, automation solutions and services. The Group boasts sales and support organizations in 125 countries and manufactures in all major economic regions, thus making the family-owned company a genuine global player.
“2022 was marked by strong growth. We continued to reliably support our customers despite strained supply and logistics chains,” reports CFO Dr. Luc Schultheiss. Thanks to a further increase in incoming orders, Endress+Hauser is heading into its 70th anniversary year with strong momentum, the company says. “We expect double-digit sales growth in 2023 as well,” says Schultheiss. The company is looking to create new jobs around the world and is planning to invest heavily in buildings and equipment.
Endress+Hauser has nearly doubled its sales volume in the last ten years and grew its headcount by more than 50 percent. Far more than €1.5 billion from the Group’s own financial resources was invested in new buildings and equipment in the same period.
“Our customers value us, our employees are dedicated to the company and our shareholders think long term,” emphasizes CEO Matthias Altendorf.
“We can be proud of what we have achieved and can look into the future with confidence.”
Employees will be celebrating the Group’s 70th anniversary through both small and large events and activities all over the world. From June 26 to 28, 2023, Endress+Hauser is inviting customers, partners, and industry experts to attend the Global Forum in Basel, Switzerland, to jointly discuss the sustainable transformation of the process industry.
Endress+Hauser will present its audited financial statements on 4 April 2023 in Basel.
The company’s Endress+Hauser Canada division is headquartered in Burlington, ON.
Top: On February 1, 1953, Georg H. Endress (right) and Ludwig Hauser officially registered their enterprise.
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