The Group's philosophy of continued increases in market share, and improved customer relationships, can only be meaningful if the enterprise operates profitably.
Despite the unfavourable global economic conditions, 2002 reflected a 4.2% increase in orders received, totalling €728 milliion, an increase in employees from 5885 to 5905, and profits (EBIT) increased by 16.7% to €50.6 million.
The Endress+Hauser strategic mission, 'to develop, manufacture and sell sensors, transmitters and systems, which extract information from processes and prepare it for use by control systems' has resulted in the Group now being ideally positioned as a 'one-stop-shop' for process measurement solutions.
Although the foundation was built on level monitoring, the technology basket has expanded to include flow, pressure, temperature, fluid analysis, data recording and more.
Today, Endress+Hauser is recognised as the leader in most process measurement systems and is continuously pushing the horizons of new technologies such as field busses, systems, and exotic material, to offer the best-of-breed solutions. |