Good performance last year but unpredictable 2020.

“We bridge the physical distance through digital and emotional proximity.” - Altendorf

Dr Klaus Endress (left), President of the
Supervisory Board of the E+H Group,
and Matthias Altendorf, CEO.

Endress+Hauser performed well across all fields of activity, industries and regions in 2019. The Group created hundreds of new jobs, invested record amounts and improved in the area of sustainability. According to CEO Matthias Altendorf, the family company is thus in a strong position to address the challenges of the corona crisis.

“2019 was a solid year for Endress+Hauser,” emphasized Matthias Altendorf. “Growth was broad-based and balanced.” The group increased net sales by 8.0 percent to 2.652 billion euros, despite a weakening economy. During the annual media conference on financial statements in Basel, the CEO explained that instead of large-scale orders, this growth was driven by smaller and medium-sized projects.

According to the CEO, this success is also tied to the company’s undiminished innovative spirit. In 2019 Endress+Hauser filed 318 patent applications and invested 7.6 percent of sales in research and development. More than 1,100 people are working on new products, solutions and services. By the end of 2019 Endress+Hauser had 14,328 employees worldwide. 400 new jobs have been created within one year.

In 2019, Asia provided strong growth impulses. Europe performed well and South America recorded excellent growth. North America fell behind expectations, however, while the business in Africa and the Middle East declined. China overtook Germany based on sales volume and just trails the US, which continues to be the largest sales market for Endress+Hauser. According to Chief Financial Officer Dr Luc Schultheiss, the Group companies were able to gain market share.

And the future!
Endress+Hauser started 2020 with a further increase in incoming orders. However, the coronavirus pandemic makes it massively more difficult to achieve the original goals. “Although we are still unable to predict the economic impacts of the crisis, we and our customers will certainly feel the effects,” underlined the CEO. The Group responded early to the spread of the virus and used all means at its disposal to protect people’s health and continue to offer customers solid support.

“We bridge the physical distance through digital and emotional proximity,” said Matthias Altendorf. The CEO has been driving digitization at Endress+Hauser for years – in the product and services areas, as well as in customer interaction and internal collaboration. At peak periods, up to 10,000 employees are currently working from home.

#PAuto @Endress_Hauser