Kistler
Growth despite a difficult environment
With sales of CHF 465 million, the Kistler Group recorded growth of 7.1 % in 2023, or 14.2 % adjusted for currency effects. However, the original growth expectations were not met.
Cooling markets, cost increases and the appreciation of the Swiss franc against the leading currencies made incoming orders more difficult in 2023. At 429 million Swiss francs, incoming orders were below expectations and 14.8% below the previous year's result.
Kister invested globally at several locations in 2023: The new dummy calibration laboratory for crash tests was opened in Shanghai, offering customers in the Asian region a complete range of automotive safety services. The Bratislava site became the Kistler Group's international software hub with the move to a modern office. At its headquarters in Winterthur, Kistler acquired land for its future Smart Factory in 2023 and moved into the Innovation Lab in the Technopark.
Kistler's new 'Structural Health Monitoring' application area is used to monitor bridges and railroad tracks in order to protect critical infrastructure and initiate repairs and renovations in a cost-effective and timely manner. In the USA alone, the government has earmarked 40 billion US dollars for the repair of bridges throughout the country.
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