Financial results

The Group grew its net sales by 0.7 percent to 3.744 billion euros. Organic growth – without currency effects – was 1.3 percent, CFO Dr Luc Schultheiss told the audience. “The hoped-for economic upturn in the second half of the year failed to materialize,” he said. Sales in all three of the Group’s major markets – the USA, China and Germany – were subdued. This was offset by the company’s small and medium-sized sales centers.

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In the past financial year, the company created 514 new jobs worldwide, growing its headcount to 17,046 at year-end. Most of the new jobs were in production. The same is true of the new vocational training positions, with 636 young people engaged at Endress+Hauser as apprentices, participants in dual study programs or external university students. The Group increased its training ratio to 3.7 percent, as compared with a target ratio of 5 percent.

Endress+Hauser invested 349.3 million euros – more than in any other year in its history – in new buildings, equipment and IT. The Group commissioned new production facilities at its campus in Chhatrapati , India, dcated a guest house in Arlesheim, Switzerland, and opened regional logistics hubs in China and India. The company is currently implementing investment projects valued at over 550 million euros, the biggest of which is in Maulburg, Germany.

Last year Endress+Hauser launched no fewer than 81 products onto the market. “Innovation is a key driver of our success as technology leaders,” commented CEO Dr Peter Selders. The Group’s claim to technology leadership is underscored by its 285 first filings at patent offices all around the world last year. Its expenditure on research and development totaled 275.6 million euros, up 3.0 percent from the prior year and equating to 7.4 percent of sales.

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Despite making large capital investments and creating additional jobs, the Group maintained profits at high levels, recording net income of 407.9 million euros, only 0.2 percent down from the prior year. This corresponds to a 14.1 percent return on sales.

In the EcoVadis sustainability benchmark, Endress+Hauser scored 78 out of 100 points, its highest rating ever. The Group has thus retained its Gold status, a placing that puts it among the top 5 percent of the 130,000 or so rated companies.

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A strategic partnership with sensor manufacturer SICK in process automation expands the offering in gas analysis and gas flow measurement technology. Endress+Hauser strives to support its customers even better in increasing the efficiency of their plants, protecting the environment and reducing their carbon footprint. “Endress+Hauser is broadening its market base. We are covering new fields of application and tapping into future markets,” said Supervisory Board president Matthias Altendorf.

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Reflecting on the current political, social and technological upheavals, the CEO said he expected economic conditions to remain uneven. For 2025, Endress+Hauser is aiming to achieve sales growth in the middle single-digit percentage range and keep its profits steady. Dr Selders believes the family-owned company is well positioned for the current challenges: “We can be confident about the future because much of what we need to prevail amid the current changes lies within our own control.”