Endress+Hauser Increases Net Sales
The Endress+Hauser Group increased its net sales by approximately 7% to more than €1.8bn in the 2013 financial year. In terms of operating profit, profit before taxes 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 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.
Already 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% in 2013," said Luc Schultheiss.
At the end of 2013, Endress+Hauser employed 11,919 people worldwide, 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.