Endress+Hauser Charts Path to Growth

Summary

With strong growth in 2021, Endress+Hauser left the coronavirus pandemic behind economically. The Group’s consolidated sales rose more than 11% to just under 2.9 billion euros. As a result, the measurement and automation specialist significantly exceeded its own expectations.

In terms of net sales and profit, the family company not only grew compared to the prior year but also eclipsed the comparative numbers for 2019. Headcount also experienced sizable growth. At the end of 2021, the Group had more than 15,000 employees worldwide, over 600 more than a year ago. “We moved forward with and implemented all of our planned major investment projects,” emphasized CFO Dr Luc Schultheiss.

The quick recovery was not anticipated by the company. “We experienced strong catch-up effects but also solid growth in virtually all of our strategic industries,” said CEO Matthias Altendorf. Endress+Hauser was “always able to deliver” despite restrictions due to the pandemic, procurement shortages and strained logistics chains.

Solid growth expected for 2022

In 2021, incoming orders grew even faster than net sales. Endress+Hauser began the current year with a significantly increased order volume. Provided there are neither unexpected setbacks at the political level nor major upheavals in the financial markets, the company expects sales growth in the upper single-digit range for 2022.

Endress+Hauser will present its audited 2021 financial figures on 5 April 2022 in Basel, Switzerland.

The Endress+Hauser Group

Endress+Hauser is a global leader in measurement and automation technology for process and laboratory applications. The family company, headquartered in Reinach, Switzerland, achieved net sales of approximately 2.9 billion euros in 2021 with a total workforce of more than 15,000.

Endress+Hauser devices, solutions and services are at home in many industries. Customers thus use them to gain valuable knowledge from their applications. This enables them to improve their products, work economically and at the same time protect people and the environment.

Endress+Hauser is a reliable partner worldwide. Its own sales companies in more than 50 countries as well as representatives in another 70 countries ensure competent support. Production facilities on four continents manufacture quickly and flexibly to the highest quality standards.

Endress+Hauser was founded in 1953 by Georg H Endress and Ludwig Hauser. Ever since, the company has been pushing ahead with the development and use of innovative technologies, now helping to shape the industry’s digital transformation. 8,600 patents and applications protect the Group’s intellectual property.