Endress+Hauser Is Developing Strongly in 2024
February 22, 2024
Measurement technology specialist increases sales and creates new jobs in the 2023 financial year
Endress+Hauser, a global specialist for measurement technology and automation solutions, increased its consolidated sales by 11 percent to more than 3.7 billion euros in 2023. The Swiss family-owned company created 715 new jobs worldwide. At the end of the year, the Group had 16,532 employees. The company also expects to continue growing in the current year.
“Endress+Hauser recorded strong organic growth in 2023, boosted by record-high orders on hand at the start of the year,” said chief financial officer Dr Luc Schultheiss. Individual markets and sectors developed very differently. Economic momentum slowed noticeably in the second half of the year.
“Nevertheless, we were able to maintain our order income at a good level and want to take advantage of the growth opportunities in 2024 as well,” emphasized Dr Peter Selders, the Group’s new CEO since the start of the year.
Looking back on a special year
Last year, the company celebrated its 70th birthday. The highlight was an anniversary week in Switzerland: 5,500 employees attended a huge celebration in Basel and looked back on seven decades. At the first Endress+Hauser Global Forum, over 800 customers discussed how to successfully manage the sustainable transformation of the process industry. Hundreds of employees took part in internal conferences; at the Young Generation Networking Day alone, 600 young talents exchanged ideas.
Endress+Hauser will present its audited financial figures for 2023 on April 16, 2024 at the annual media conference in Reinach, Switzerland.
About Endress+Hauser
Endress+Hauser is a global leader in measurement instrumentation, services and solutions for industrial process engineering. Their products – sensors, instruments, systems and services for level, flow, pressure and temperature measurement as well as analytics and data acquisition – set standards in quality and technology. The company further supports its customers with automation engineering, logistics and IT services and solutions.
Founded in 1953 by Georg H Endress and Ludwig Hauser, the Endress+Hauser Group has been solely owned by the Endress family since 1975. Today, the Group is managed and coordinated by a holding company based in Reinach, Switzerland, employing over 15,800 personnel across the globe. In 2022, the Group generated net sales of C$5 billion. The company’s production centres in 12 countries meet customers’ needs and requirements quickly and effectively, while its dedicated sales centres and strong partner network guarantee competent worldwide support.
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Endress+Hauser Canada Announces Price Commitment to Customers and Partners
Endress+Hauser Canada announces its pledge to maintain current product list prices, reaffirming its commitment to its customers and the Canadian market. Throughout 2024, they will refrain from increasing product list prices to maintain customer stability, all while sustaining its mission to deliver a high-quality customer experience.
In addition to holding product list pricing and improving supply chain performance, they will reduce freight costs by 2.5% to its list price-based customers, further stabilizing and reducing overall purchasing costs.
