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Endress+Hauser charts path to growth

Measurement and automation specialist increased sales and profit in 2021

With strong growth in 2021, Endress+Hauser left the coronavirus pandemic behind economically. The Group’s consolidated sales rose more than 11 percent 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, the Group had more than 15,000 employees worldwide, over 600 more than a year ago. “We moved forward with and implemented all of our planned major investment projects,” emphasized CFO Dr Luc Schultheiss.

The quick recovery was not anticipated by the company. “We experienced strong catch-up effects but also solid growth in virtually all of our strategic industries,” said CEO Matthias Altendorf. Endress+Hauser was “always able to deliver” despite restrictions due to the pandemic, procurement shortages and strained logistics chains.

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 5 April 2022 in Basel, Switzerland.

Portrait picture of Matthias Altendorf. ©Endress+Hauser

“We experienced strong catch-up effects in 2021 but also solid growth in all of our strategic industries,” said Matthias Altendorf, Chief Executive Officer at the Endress+Hauser Group.

Portrait picture of Dr Luc Schultheiss. ©Endress+Hauser

“Endress+Hauser completed all of its major investment projects in 2021 as planned,” emphasized Dr Luc Schultheiss, Chief Financial Officer at the Endress+Hauser Group.

Woman in production hall ©Endress+Hauser

Endress+Hauser maintained its ability to deliver in 2021 despite tight procurement markets and strained logistics chains.

Endress+Hauser product ©Endress+Hauser

Endress+Hauser kicked off 2022 with a significantly increased order volume.

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