Uncertainties to lead to slower development in 2020.

Endress+Hauser remains on course for growth. In 2019 the Endress+Hauser Group increased its net sales by almost 8% to over €2.6 billion. The measurement and automation technology specialist created 400 new jobs worldwide. At the end of the year the company had more than 14,300 employees.

Matthias Altendorf

"We have grown across all fields of activity, industries and regions," said Matthias Altendorf, CEO of the Group. Strong impetus came from Asia. Europe, the Americas, Africa and the Middle East developed positively, but at a much slower pace. "With good product innovations, we have set a clear benchmark in the industry."

In 2019, order entry rose faster than sales. "Endress+Hauser has started 2020 with a significantly higher order backlog than the year before,"  reported Chief Financial Officer Dr Luc Schultheiss.
"The Group was able to maintain the return on sales at the previous year?s level. We are satisfied with our profit before taxes."

However Endress+Hauser expects slower development in 2020. Sales growth in the mid-single-digit percentage range is anticipated and the group aims to maintain profitability at a good level. "However, there are still many uncertainties," stresses Schultheiss.

Endress+Hauser will present its audited 2019 financial figures  next May (2020) in Basel (CH).

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