Kit media
The year 2009 had been tough for everyone and Endress + Hauser, with a turnover down 9.5% (to 1.096 billion euros), was no exception. “ However, unlike most of our competitors who are accountable to their shareholders, we have chosen to sacrifice our profitability in order to be able to retain our workforce and maintain a high level of investment. It just goes to show that the status of a family business has its good sides ! ", Explains Urs Endress, CEO of Endress + Hauser France . The company was thus able to be immediately operational when the takeover arrived. In 2010, the group saw its net turnover increase by 19.8% to reach 1.31 billion euros. It not only compensated for the decline in turnover for 2009, but significantly exceeded the record recorded in 2008 (1.211 billion euros). The strongest growth was recorded in America where, with an increase of 38.2%, activities developed even better than in Asia (28.5%). In Europe, sales increased by 12.9%, in Africa and the Middle East, by 10%. “As a result of the crisis, emerging markets have grown in importance faster than expected, ” said Michael Ziesemer, Chief Operating Officer (COO).
All industrial sectors performed well (and in particular the food industry, the most important sector for Endress + Hauser ), with one notable exception: the paper and pulp industry.
Endress + Hauser is at the heart of current demands related to the Environment, particularly in terms of energy efficiency and drinking water supply, which generate increasingly large volumes of activity.
Operating income increased by 123.2% to € 187.4 million. Cash has increased markedly by 54.4% to € 377.3 million and is now more than 6 times greater than bank loans (€ 50.5 million, or 24.8% less than in 2009).
The group's membership increased by 175 to a total of 8,594. In the Basel region, where 4,251 people work for Endress + Haus er, 33 jobs have been created. While Endress + Hauser continues to invest in production sites in Europe (where it generates 56% of its turnover), it also invests in the geographical areas where it sells its products, particularly in China and the United States. . This is how he has just opened a production site for temperature sensors, recorders and safety barriers in Greenwood, Indiana.
As for the prospects for this year, they are excellent. The 7-8% growth announced a few months ago should be largely exceeded ...
Find out more: www.fr.endress.com/
