Valves and motors
ebm-papst grows by 6.7 percent
ebm-papst recorded a turnover of 2.183 billion euros in the last financial year. For the current financial year, the company is planning turnover growth of 1.6 percent to 2.217 billion euros.
ebm-papst has continued its global growth trajectory. Despite a difficult market environment characterized by political uncertainties and material shortages, the family-owned company from Baden-Württemberg closed the 2018/19 financial year with a turnover of 2.183 billion euros. Compared to the previous year, this represents an increase of 137 million euros, an increase of 6.7 percent. The number of employees remained stable at a total of 15,058 worldwide.
Stefan Brandl, Chairman of the Board of Directors of the Group: "We have another successful year of growth behind us, in which we were able to significantly exceed many of our targets." Brandl sees the reasons for this success in the advancement of internationalization activities "local for local" and in the implementation of the "one ebm-papst" corporate strategy.
"For two years now, we have been positioning our company for a good long-term future with "one ebm-papst" and using it to create a structure that is appropriate to the size of ebm-papst. We are currently working on around 20 reorganization projects that involve all locations and areas, from sales and purchasing to development," says the ebm-papst boss.
Almost 50 percent more investment
For the current financial year, the technology leader is planning moderate sales growth of 1.6% to 2.217 billion euros. In terms of total investments, the Group plans to spend around 196.7 million euros, an increase of 49.2 percent on the previous year. In the near future, ebm-papst will complete its third production site in China and open its second site in the USA. In the area of research and development, the technology leader will provide around 114.7 million euros, including for further development in the areas of aerodynamics/acoustics, digitalization and material innovation. as
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