Cardo’s President on First Quarter

Endress+Hauser has written the next chapter in its success story. The specialist for measurement and automation technology marked its 70th birthday in 2023, with celebrations worldwide. It also prepared the way for a change at the helm.

The Wilo Group continued to grow profitably and sustainably in 2023. Despite a challenging market environment, the multinational technology group achieved record net sales of around EUR 2 billion in the 2023 financial year. This corresponds to a currency-adjusted increase of 10.4 per cent compared to the previous year.

Frankenthal-based pump and valve manufacturer KSB closed the 2023 financial year with record figures for order intake and sales revenue. The EBIT margin (earnings before finance income / expense and income tax) of 7.9 % reached the level originally targeted for 2025.

In an environment marked by geopolitical uncertainty, rising interest rates and negative exchange rate developments, GEA’s business has continued to perform well, with a further improvement in its key financial figures and another dividend increase proposed.

Grundfos delivered healthy sales growth in 2023 while reducing its own water and energy footprint as well as supporting customers in lowering their water and energy consumption.

With sales of CHF 465 million, the Kistler Group recorded growth of 7.1 percent in 2023, or 14.2 percent adjusted for currency effects. At CHF 429 million, incoming orders remained below expectations and 14.8 percent below the previous year’s result. Despite difficult market conditions, Kistler is investing in innovation and the development of new markets.