News


Endress+Hauser grows significantly

July 2019 News

Endress+Hauser experienced strong growth across all regions, sectors and product areas in 2018. The ongoing digitalisation of the industry and positive development on international markets provided the impetus. The group increased sales and profits, invested heavily and created hundreds of jobs worldwide. “The bottom line is that 2018 was a good year for Endress+Hauser worldwide,” explained CEO, Matthias Altendorf at the group’s annual media conference in Basel. We increased net sales by 9,5% to €2,455 billion, despite facing strong headwinds from foreign exchange rates. Expressed in local currencies, sales grew by 12,7%.

Matthias Altendorf.
Matthias Altendorf.

The business was bolstered by a strong economy in the process automation sector. Continued high demand from private consumers as well as recovering oil and raw material prices contributed to the solid growth. After years of restrained investment activity, large scale projects made a return. According to chief financial officer, Dr Luc Schultheiss, the company’s performance exceeded the industry average.

Endress+Hauser made excellent progress in Europe. Business was also dynamic in Africa and the Middle East, as well as in the Asia-Pacific region. The strongest growth was seen in the Americas, however. “After 65 years, the US has replaced Germany as our largest sales market,” reported Altendorf. “China also grew at a double digit pace.” Operating profit increased by 31,4% to €330,6 million, profit before taxes rose by 14,6% to €315,7 million and return on sales climbed 0,6 points to 12,9%.

Innovations for the digital age

Endress+Hauser’s growth was fuelled by a wealth of innovations. The company brought 54 new products to the market last year. Research and development investment climbed to €184,2 million, representing 7,5% of sales. The company filed 287 initial patents in 2018. At the end of the year, Endress+Hauser held nearly 7800 patents and other intellectual property rights.

About one third of the new patents were related to the IIoT, digital communications, diagnostics and electronics. “Digitalisation is penetrating all areas,” explained Altendorf. “Apart from 1000 developers active in the group’s centres of competence, various start-ups are also busy working on products, solutions and services for the digital age. Endress+Hauser is furthermore collaborating closely with industry partners such as software specialist, SAP.”

A further driver of growth was process analysis. The optical analyser business performed extremely well. Endress+Hauser established a European support centre for advanced analysers in France. The network of sales specialists in this area is growing in Europe. The CEO is hoping for additional impulses to spur this business area.

For more information contact Mpho Ntuane, Endress+Hauser, +27 11 262 8080, mpho.ntuane@endress.com, www.endress.com



Credit(s)



Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

Plan your media strategy with Technews Publishing
November 2019 , News
Dear Marketer, Have you ever looked back on a year and wondered how you survived it? For the majority of South Africans, 2019 started benignly enough, cosily wrapped in the blanket of Ramaphoria that ...

Read more...
From the editor's desk: The power of 23
December 2019, Technews Publishing (SA Instrumentation & Control) , News
Have you ever looked back on a year and wondered how you survived it? For the majority of South Africans, 2019 was such a year. It started benignly enough, cosily wrapped in the blanket of Ramaphoria ...

Read more...
Compact design electromagnetic flow measurement
December 2019, Endress+Hauser , Flow Measurement & Control
Whether in the life sciences or in biotechnology, whether in the food or chemical industries – global competition is steadily increasing. Ever more companies are implementing their process facilities ...

Read more...
Robust absolute linear position measurement
December 2019, ATI Systems , News
Temposonics, an MTS Systems company, is a leading supplier of magnetostrictive sensors, which are rapidly becoming the transducers of choice in many applications.

Read more...
Honeywell helps transform petrochemical operations
December 2019, Honeywell ACS South Africa , News
Honeywell has announced that Braskem Idesa has adopted a hands-free, wearable connected technology solution at its plant in Veracruz, Mexico. Honeywell’s Intelligent Wearables will allow Braskem Idesa ...

Read more...
Lonza selects Rockwell Automation for digital transformation of pharmaceutical operations
December 2019, Rockwell Automation , News
Lonza has selected Rockwell Automation for the turnkey implementation of the strategic vision to bring the digital factory to nine facilities that manufacture drug capsules. The Swiss-based company, founded ...

Read more...
Rocket car arrives in South Africa
December 2019 , News
The Bloodhound LSR car has arrived at Hakskeenpan, the dry salt lake bed in South Africa’s northern Cape province, where over the next month a 25-strong crew will run tests that may see it exceed 800 ...

Read more...
Europe’s largest-ever Emerson Users Conference to be held in Milan
December 2019, Emerson Automation Solutions , News
The largest-ever Emerson Global Users Exchange in Europe will be taking place in Milan, Italy, in 2020. The biennial conference will be held at the Milano Convention Centre from March 18 to 20, with current ...

Read more...
World record for Festo’s BionicOpter
December 2019, Festo , News
The Festo BionicOpter will be included in the 2020 Guinness World Records. The chapter ‘Robots’ presents the most amazing records from the world of super robots and artificial intelligence. The Festo ...

Read more...
BMG’s Food & Beverage Expo voted a success
December 2019, Bearing Man Group t/a BMG , News
BMG’s recent Food & Beverage Expo, held at the BMG World distribution and engineering facility, has been voted a great success. “Highlights of the event included presentations from guest speaker, Linda ...

Read more...