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Ebm-papst strengthens global market position

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<h3>Leading supplier of fan and motor technology with growth of 4.8% to €1.573 billion ― record investment program launched</h3>
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The ebm-papst Group, the world market leader for fans and motors, is staying on course for global growth. At the close of the fiscal year on March 31, 2015, revenue at the family-owned company based in Mulfingen, Baden-Württemberg, amounted to €1.573 billion, an increase of 4.8% from the previous year's figure (€1.501 billion). With these results, ebm-papst strengthened its leading position on the global market. The company invested over €105 million in the expansion of its production capacity and €95 million in research and development activities.

The primary driver of growth was the Asia region, followed by the Americas and Europe. In its business segments, the company achieved satisfactory growth in six of its eight main sectors, including ventilation and air conditioning, mechanical engineering, refrigeration, transport and household appliances. The positive business trend was also reflected in the number of new jobs created at the company. At the end of the fiscal year, ebm-papst employed 11,954 employees worldwide (previous year 11,701 – up 253).

Rainer Hundsdörfer, Chairman of the Board of Directors of the ebm-papst Group: "In a difficult global economic environment, we were able extend our international market and technology leadership. Our long-range corporate focus on energy efficiency, conservation of resources and digitalization is in keeping with the spirit of the times, and we will maintain it with record investments in research and development and in increased production capacity."

For the 2015/2016 fiscal year in progress since April 1, the ebm-papst Group plans for revenue growth of 6.3% to €1.672 billion.

 

Source: <a href="http://www.ebmpapst.com/en/press/press_releases/pressdetail_56448.php" target="_blank">ebm-papst</a>