The Endress+Hauser Group increased its net sales by approximately 7% to over €1,8 billion in the 2013 financial year. In terms of operating profit and net income, the company also showed an improvement on the previous year.
“We are very satisfied with these results, particularly in the face of the headwinds from the foreign exchange markets,” commented CFO Dr Luc Schultheiss.
The Group’s results were influenced by various acquisitions. At the end of September, 2013, Endress+Hauser took over control of the publicly-traded German laboratory equipment specialist, Analytik Jena. In January, it acquired its former representative in Indonesia and in November completed the takeover of US-based Kaiser Optical Systems. “Without these acquisitions the Endress+Hauser Group would have only grown by about 5%,” explained Schultheiss.
At the end of 2013 Endress+Hauser employed 11 919 people worldwide – 1853 more than a year ago.
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