SWITZERLAND – Swiss-based process and laboratory instrumentation and automation supplier Endress+Hauser is confident about moving past the coronavirus pandemic behind economically after recording strong growth in 2021.
The Reinach, Switzerland-based company reported a consolidated sales of €2.9 billion ($3.8 billion), up 11 per cent over the previous year.
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.
With strong growth in 2021, Endress+Hauser has left the coronavirus pandemic behind economically, said a top official of the automation giant headquartered in Basel, Switzerland.
“We moved forward with and implemented all of our planned major investment projects,” remarked CFO Dr Luc Schultheiss.
Endress+Hauser’s headcount also experienced sizable growth, rising by 600 to more than 15,000 employees worldwide.
CEO Matthias Altendorf pointed out that 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,” he noted.
“Provided there are neither unexpected setbacks at the political level nor major upheavals in the financial markets, we expect sales growth in the upper single-digit range for 2022.”
Endress+Hauser bundles subsidiaries
Meanwhile, Endress+Hauser subsidiaries SpectraSensors and Kaiser Optical Systems have joined forces to form Endress+Hauser Optical Analysis.
SpectraSensors specializes in gas analysis with tunable diode laser absorption spectroscopy (TDLAS) technology.
Kaiser Optical Systems, a global provider of Raman spectroscopic analyzers, brings expertise in solid, liquid, and gas analysis across a wide range of applications, including vaccine production.
The two US-based companies were acquired by Endress+Hauser in 2012 and 2013, to expand the Swiss company’s portfolio of innovative technologies.
By consolidating its expertise in the field of laser-based measurement technology, the E+H Group is looking to strengthen its focus on laboratory and process analysis.
The consolidation will also better position the company to provide customers with even better support for analysis tasks in the future.
The E+H Group generates nearly one-fourth of its sales through analysis technology. The Optical Analysis announcement comes on the heels of Endress+Hauser’s opening its campus in Pearland, Texas, near the end of 2021.
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