IN FOCUS

Pentair plc announced first quarter 2023 sales of $1.0 billion. Sales were up 3 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 3 percent in the first quarter.

Mats Rahmström, President and CEO of the Atlas Copco Group, comments on the report for Q1:

he Wilo Group has had a successful financial year in 2022. The multinational technology group generated a new record turnover of around 1.9 billion euros in the year marking its 150th anniversary. Wilo thus increased its sales revenues by 14.2 percent. The company’s earnings before tax (EBITDA) rose by 8.6 percent to 196.7 million euros.

Orders YoY +31.2% organic, driven by double digit growth in all divisions. Order backlog increased to CHF 2.1bn. 2023 guidance confirmed.

The Vogelsang GmbH & Co. KG clearly augmented its 2022 sales at 173 million by almost 20 percent year over year. As a result, despite more difficult conditions due to the ongoing delays in delivery chains, the mechanical engineering company succeeded in increasing its sales at home and abroad.

2022 was marked by strong growth worldwide for Endress+Hauser. The specialist for measurement and automation technology delivered more sensors than ever before despite strained procurement and logistics chains. Incoming orders, sales and employment reached new highs; profits fell due to a negative financial result.

Technology Group ANDRITZ achieved in 2022 the best figures in its history for order intake, revenue, and operating result (EBITA).

In another challenging year, GEA succeeded in increasing all key performance indicators in fiscal year 2022. Order intake rose by a substantial 8.7 percent to EUR 5.68 billion and revenue grew significantly by 9.8 percent to EUR 5.16 billion. EBITDA before restructuring expenses climbed 14 percent to EUR 712 million and the corresponding EBITDA margin increased once again by 0.5 percentage points to 13.8 percent.

In 2022, GF’s business momentum further accelerated, mainly driven by increasing sales of products and solutions with environmental or social benefits. Among these were solutions for water treatment, as well as solutions to minimize water losses in urban infrastructure, lightweight components for sustainable mobility and highly energy-efficient machine tools.

In 2022, the company performed well considering the challenges global economies face. Orders rose 9.1% year on year, buoyed in particular by the Flow Equipment division (+8.9%) and the Chemtech division (+22.5%), where our Renewables business continued its strong growth path and capitalized on soaring demand (+ 37.8%).