Endress+Hauser increases turnover to almost 1.7 billion euros in 2012

Endress+Hauser has again enjoyed strong growth in 2012. Despite ongoing global economic uncertainty, the Group expects this positive trend to continue this year.

"2012 was not an easy year," underlined CEO Klaus Endress. In some markets sales dropped, but in many others the Group recorded growth. "In the end we only just missed our ambitious targets." Endress+Hauser increased net sales by 11 percent to almost 1.7 billion euros. Owing to a higher tax rate, net income rose by only 3 percent to 183 million euros, which is nevertheless a new record.

As CFO Dr Luc Schultheiss explained, the Endress+Hauser Group was able to further strengthen its financial power. Equity was increased by three percentage points to over 73 percent. Endress+Hauser showed growth across all regions, with exceptionally good developments in the Americas. "Key drivers behind our growth are megatrends such as energy, resources and efficiency, food, water and demography," emphasized COO Michael Ziesemer, the CEO's deputy.

More than 650 new jobs worldwide: By the end of 2012 Endress+Hauser employed 10,066 people worldwide – 652 more than the previous year. 272 employees joined the company in Europe, with 162 in the German-French-Swiss region around Basel. The fact that headcount passed the 10,000 mark last year is owed to the acquisition of SpectraSensors. The US company with about 90 employees develops, manufactures and markets laser-based gas analyzers. Endress+Hauser also strengthened its calibration business with a share in the Irish CompuCal Calibration Solutions.

At 127 million euros the Group's investments have reached a new high. Most of this was spent on expanding production facilities. By no means the biggest but certainly the most important project was a new production facility in Itatiba near São Paulo.

A new sales center in Saudi Arabia began to operate in 2012. Another example of stronger activity in the Middle East was the opening of a sales office in Abu Dhabi, in the United Arab Emirates. In addition, Endress+Hauser opened a representative office in Vietnam's Ho Chi Minh City. At the turn of the year a sales center was founded in Indonesia. A further sales center is to follow in Algeria in the coming year – the 46th sales company in the Endress+Hauser network.

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