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Record sales and profit for Endress+Hauser

10 February 2014

Endress+Hauser, the Swiss measurement engineering company with UK headquarters in Wythenshawe, increased its net sales by approximately 7 percent to over 1.8 billion euros in the 2013 financial year.

Additionally, operating profit, pre-tax profit and net income were all up on the previous year.
“We are very satisfied with these results, particularly in the face of the strong headwinds from the foreign exchange markets,” said CFO Dr Luc Schultheiss.

Above all the currencies of the emerging countries and Japan plunged in value against the euro. Endress+Hauser will present the detailed annual report at a media conference in Basel on 6 May 2014.

Acquisitions affect business figures

The Group’s consolidated results have been influenced by various acquisitions. At the end of September 2013 Endress+Hauser took over control of the publicly-traded German laboratory analysis equipment specialist Analytik Jena. In January 2013 Endress+Hauser acquired its former representative in Indonesia and in November the Group completed the takeover of US-based Kaiser Optical Systems, a manufacturer of instruments for Raman spectroscopy. “Without these acquisitions the Endress+Hauser Group would have only grown by about 5 percent in 2013,” explained Luc Schultheiss.

At the end of 2013 Endress+Hauser employed 11,919 people worldwide, including 200 at its UK headquarters in Manchester and 1,853 more than a year ago. Approximately 1,300 of these additional jobs are due to the companies that have recently joined the Group.

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