Jumo
Group continues to grow
A 6% increase in turnover and an interesting range of new products at Hannover Messe 2019 - the Jumo Group had a lot to report at its annual press conference.
"We are very satisfied with the last financial year. The growth trend from the previous year has continued and we were able to increase our turnover from 234 million euros in 2017 to 248 million euros. This means that our consolidated turnover has grown by 39% since 2008," explained Bernhard Juchheim, Managing Partner of the Jumo Group, at the company's annual press conference.
The Group grew by 6% in 2018, bucking the industry trend - according to the German Electrical and Electronic Manufacturers' Association (ZVEI), turnover in the German electrical industry as a whole only increased by 2.6%. Jumo -Germany increased the previous year's turnover by 6% to 178 million euros. Domestic growth amounted to 4%, while exports increased by 7%. The company's export ratio remained stable at 54%.
As far as the forecast for the current financial year is concerned, Jumo is planning an increase in turnover of 4% to EUR 258 million. Due to the global economic risks, company growth is expected to be slightly lower than in the previous year.
You might also be interested in
New products from Jumo at the Hannover Messe 2019
At its annual press conference, Jumo presented its new products for Hannover Messe 2019.
read more...Additional managing director at Jumo
The managing partners of Jumo, Bernhard Juchheim (69) and Michael Juchheim (51), have appointed Dimitrios Charisiadis (52) as the third managing director with effect from January 1, 2020.
read more...All water qualities covered
Digiline is a bus-compatible connection system for digital sensors in liquid analysis from Jumo. The program has been expanded to include sensors for conductive (CR) and inductive (Ci) measurement of electrolytic conductivity.
read more...Sales growth and new business brand
The Jumo Group benefited from global growth trends in the 2017 financial year - and the outlook for the current year is also positive. The Group is increasingly focusing on the topic of 'safety' with a new business brand.
read more...The 'incredible machine'
100 years ago, in a workshop in Esslingen am Neckar, Festo founder Gottlieb Stoll asked himself how technology could make work easier. To mark the company's 100th anniversary, Festo has now designed and built a machine that shows the fascinating...
read more...SmartFactory-KL at the Hannover Messe
The production island_Phuket
AI applications increase the performance, efficiency and productivity of robots, machines and production systems and also help to save a lot of money because they significantly reduce material usage, energy requirements, CO2 emissions and set-up and...
read more...ZVEI at the Hannover Messe 2025
ZVEI criticizes high regulatory hurdles
At the start of Hannover Messe 2025, the German Electrical and Electronic Manufacturers' Association (ZVEI) described the economic situation in the German electrical and digital industry as challenging.
read more...BDI at the Hannover Messe 2025
Industry in crisis
At the start of Hannover Messe 2025, leading industry associations BDI, VDMA and ZVEI described the economic situation in Germany as worrying. According to BDI President Peter Leibinger, the mood in many companies is worse than ever before.
read more...VDMA at the Hannover Messe 2025
Mechanical engineering calls for far-reaching reforms
At Hannover Messe 2025, the mechanical and plant engineering industry emphasized the need for comprehensive reforms in order to strengthen industrial competitiveness in Germany and Europe. The VDMA believes that the German government and the...
read more...