Toward the anniversary year boosted by record-breaking results
Endress+Hauser records a strong growth of sales in 2022 and looks forward with confidence
The year 2022 was the most successful year in the history of Endress+Hauser, both in Finland and internationally. The expert of measuring and automation technology increased its turnover by nearly 17 percent to more than €3.3 billion. The family-owned Swiss company also looks toward 2023 and its 70th anniversary with confidence.
“The year 2022 was characterized by strong growth. We continued to support our customers throughout the year despite the challenges in supply and logistics chains,” says the company’s CFO, Luc Schultheiss.
Endress+Hauser has nearly doubled its sales volume over the past decade and its personnel has grown by more than 50 percent. At the same time, the group invested more than €1.5 billion of its own funds on new buildings and equipment.
“Our customers value us, our employees are committed to the company, and our stockholders have a long-term perspective,” says Matthias Altendorf, the company’s CEO. Endress+Hauser is also expecting a double-digit increase in sales in 2023. The company strives to create new jobs around the world and plans to continue its strong investments in buildings and equipment.
“We can be proud of our achievements and look toward the future with confidence,” Altendorf continues.
This year is also an anniversary year for Endress+Hauser. The company’s seven-decade journey will be celebrated with events and activities around the world. The company, established in 1953, has grown into a leading global supplier of process and laboratory instruments and automation solutions and services. The Group has sales and support organizations in 125 different countries as well as production in all key economic areas, making the family-owned company into a strong global player.
Successful business growth also in Finland
The operations of the Finnish sales company have been developed systematically over the years, resulting in growth both in business and in the organization. Both the sales volumes and staff numbers have doubled over the past five years. In 2022, the turnover grew by more than 20 percent, reaching €31 million.
The customers’ needs have guided the development work. In addition to the high-quality measuring devices, the customers value the highly competent and versatile services that are available easily and at the right time.
“Our customers have played a large part in our success and we would like to thank them for their trust in our work. Through our customer cooperation over the years, we have reached achievements that our customers also value. This has all been built on our highly competent and committed personnel,” says the CEO of Endress+Hauser Finland, Tuomo Saukkonen.
The 70th anniversary year will also be celebrated in Finland together with both the customers and the personnel. At the same time, we are also celebrating the 48th operational year of Endress+Hauser in Finland.
While celebrating the past decades and the success achieved together, the company continues to look into the future. Moving forward, Endress+Hauser strives to continue to be a trusted partner of field automation in high-quality measuring solutions that ensure sustainable development.
“We want to continue as a trusted partner that creates added value for our customers and that understands the customers’ needs while taking into account the requirements of different industrial fields,” Saukkonen summarizes.