Endress+Hauser charts path to growth
Endress+Hauser maintained its ability to deliver in 2021 despite tight procurement markets and strained logistics chains.
With strong growth in 2021, Endress+Hauser (E+H) left the coronavirus pandemic behind economically. E+H Groupâs 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, E+H Group had more than 15,000 employees worldwide, an increase in excess of 600 over the previous year.
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 April 5 in Basel, Switzerland.