ebm-Papst

Inka Krischke,

"Highest turnover in the company's history"

The ebm-Papst Group closed the 2016/17 financial year, which ended on March 31, 2017, with a turnover of EUR 1.9 billion and thus grew above the industry average, according to the company.

Compared to the previous year with a turnover of 1.680 billion euros, ebm-Papstgrew by 13.2%. Stefan Brandl, Chairman of the Group's Board of Directors, explains: "In the past financial year, we were able to further expand our leading position, create many new jobs and achieve the highest turnover in the company's history."

Moderate sales growth of 3.1% to EUR 1,960 billion is planned for the current financial year (April 1, 2017 to March 31, 2018). Around EUR 112 million (+6.5%) is to be made available for research and development, including for the further development of aerodynamics/acoustics, digitalization and drive technology. In addition, the company is investing a total of 164.2 million euros worldwide this financial year, for example in a new development center at the Mulfingen site, an expansion of automotive production in Herbolzheim and a new gearbox plant in Lauf.

ebm-Papst employs over 14,000 people at 26 production sites (including in Germany, China and the USA) and 49 sales locations worldwide.

Advertisement
  • Xing Icon
  • LinkedIn Icon
Advertisement
Advertisement

You might also be interested in

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Oriental Motor

For predictive maintenance

According to the manufacturer, the new incremental encoder from Oriental Motor is particularly suitable for use in predictive maintenance thanks to its precision in measuring speed, position and direction of rotation.

read more...
Subscribe to our newsletter
Advertisement
Back to home