The ebm-papst Group is continuing its global growth course. The Baden-Württemberg-based family-owned company closed the 2021/22 financial year, which ended on 31 March 2022, with sales of €2,288 billion. In a difficult market environment, characterised by COVID-19, global political uncertainties and material bottlenecks, the company realised a 9,9% increase. Compared to the previous year which saw sales of €2,082 billion, this represents an increase of €206 million. During this period the number of employees grew by 283 to a total of 14 778 worldwide.
Dr. Klaus Geißdörfer, CEO of the ebm-papst group, stated “Behind us lies a financial year marked by high tension in the procurement markets, global political crises and pandemic-related challenges. Despite great efforts and flexibility at all working levels – especially due to the global struggle for electronic components – and an investment programme of over 140 million euros, we were not able to fully meet the enormous market needs and demands for our energy-efficient solutions. Nevertheless, we were able to achieve a new record turnover in our company’s history.”
The company is responding to the continuing high customer demand for its drive and fan systems with capacity expansions in China and the USA as well as with new research and development buildings and laboratories in Mulfingen. In total, ebm-papst is planning to invest €155 million, an increase of 10%, thus accelerating the expansion of its 'local for local' initiative to further strengthen and increase the independence of its Asia, Europe and North America regions.
“ebm-papst is well positioned worldwide and has great potential in its markets,” said Geißdörfer. “In order to be sustainably successful and fit for the future, we have launched our programme “Making the future together”. In this way, we are creating the conditions for further growth, accelerating the international and networked orientation of our organisation, sharpening our current business areas, unifying global processes, and creating the foundation of a common system landscape. This will enable us to expand our range of products and services for our customers in the medium term and to focus on long-term and sustainable growth. Our clear focus is on the megatrends of digitalisation and climate neutrality.”
| Tel: | +27 11 691 9300 |
| Email: | [email protected] |
| www: | www.rs-online.co.za |
| Articles: | More information and articles about RS South Africa |
© Technews Publishing (Pty) Ltd | All Rights Reserved
printer friendly version