The technology leader in fans and motors, ebm-papst, enjoys continued and profitable global growth. Despite a difficult market climate with political instabilities and shortage of material, the family-owned company with its headquarters in Baden-Wurttemberg finished the fiscal year 2018/19 on 31 March 2019 with sales revenues of € 2.183 billion. Against the previous year (€ 2.046 billion), this amounts to a growth by €137 million (+6.7%). The number of global staff remained constant at 15,058.
Stefan Brandl, CEO of the ebm-papst Group: “We can look back on yet another successful year of growth where we managed to pronouncedly exceed many of our targets.” The reasons behind this achievement sees Brandl in the consistent push for internationalization via “local for local” activities and the successful implementation of the corporate “one ebmpapst” strategy “Started two years ago, “one ebm-papst” allows us to position ourselves for a sustainable and prosperous future. Currently, we are working on about 20 reorganization projects targeting all locations and departments, from Sales to Purchasing and R&D. This is to safeguard jobs now and in future and to do business at a highly competitive level”, explains the ebm-papst CEO.
In Asia, ebm-papst is taking part in Mostra Convegno Expocomfort (MCE) Asia 2019 which will be held in Singapore from 4-6 September 2019 at Marina Bay Sands. MCE Asia, part of the inaugural International Built Environment Week (IBEW), is Southeast Asia’s only trade exhibition for energy efficiency in HVAC-R, plumbing, sanitary accessories, and solar energy.
“While green buildings play a crucial role in our built environment, there are other moving parts such as integrated digital delivery (IDD) and smart facilities management (FM) which are just as important. Shows such as MCE Asia 2019 play an important role in achieving a greener built environment and we are proud to be part of such a vibrant event,” said Coleman Lim, Managing Director, ebm-papst.
About ebm-papst
The ebm-papst Group, a family-run company headquartered in Mulfingen/Germany, is the world’s leading manufacturer of fans and motors. Since the technology company was founded in 1963, it has continuously set the global industry standard. With over 20,000 products in its portfolio, ebm-papst provides the best energy-efficient, intelligent solution for virtually every ventilation or drive-engineering task. In fiscal year 2018/19, industry leader ebm-papst generated revenues of 2.18 billion euros. It employs over 15,000 people at 28 production sites (e.g. in Germany, China and the USA) and in 48 sales offices worldwide. Fans and motors from ebm-papst are used in almost all industries, including ventilation, air conditioning and refrigeration, household appliances, heating, automotive and drive engineering.