At the virtual conference in Basel, Switzerland, Endershaus held its annual press conference, which was attended by CEO Matthias · Altodorf and members of the Board of Directors, and announced the company's results for 2019.
In 2019, Endershaus continued its strong growth, with its financial results showing growth in sales, profits, and headcount in FY2019. Matthias · Eltondorf says that it is the long-standing technical and economic strength of the family business that has enabled the group to successfully cope with the challenges posed by the outbreak of coronavirus.
2019 was a solid year for Endershaus, with all business units of the Group growing. Despite the current economic situation, sales increased by 8.0 percent compared to 2018, mainly driven by small and medium-sized projects.
In 2018, Endershaus achieved strong growth in Asia and South America, while the European market performed steadily, and United States remained Endershaus's largest market in the world, with sales in China exceeding Germany for the first time, second only to United States.
According to the Matthias Altendorf report, innovation has been an intrinsic driving force for Endershaus' development, with the company filing 318 patents in 2019 and contributing 7.6% to R&D investment. With more than 1,100 employees, the group is dedicated to the development, solution and service of new products.
EcoVadis assesses the sustainability of global companies based on 21 environmental, social and ethical criteria. Awarded the Gold Certification level by the global EcoVadis audits for the fourth time in a row, the Endershaus Group reached new heights in the 2019 rating scale, placing it in the top 2% of its respective group.
To successfully meet the challenges of the future, we and our customers must adhere to sustainability. Matthias · Ertondorf said: "We provide our customers with advanced measurement technology and automation solutions that help them make better use of resources, reduce CO2 emissions, avoid waste and improve the circular economy. At the same time, the company is committed to environmental protection, reducing CO2 emissions by more than a third through the use of green electricity in its production, and Endershaus is building a new, self-sufficient customer experience and training center in Canada.
By the beginning of 2020, Endershaus had a large order book, but the explosion of the new championship had an impact that made it difficult for the company to meet its set goals. Matthias · Eltondorf emphasized: "While we still cannot predict the economic impact of this crisis, we and our users' products are feeling challenges and pressures. Endershaus has been advancing digitalization in the field of products and services for many years, as well as interacting with customers and working internally. Thanks to its deep commitment to digital technology, Endershaus has been able to use global digital technology to provide remote support to its users through various online tools during the most difficult time of the pandemic.
"The heroes of Endershaus are those employees who have been in production, logistics and service positions in difficult times, and their efforts have enabled the company to successfully ensure the integrity of the supply chain and provide maximum capacity for the production of customers. Now that the Endershaus plant is functioning normally, both to ensure the health of its employees and to provide the corresponding products, Endershaus is well prepared for difficult times. "We will do everything we can to protect the work of our employees and to enable Endershaus to survive this crisis for the benefit of our customers, employees and shareholders.
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