Pepperl+Fuchs Group’s global annual sales exceeded one billion euros for the first time

On Christmas Eve in 2022, the executive board of the “automation expert” headquartered in Mannheim, Germany announced good news: Pepperl+Fuchs Group’s global annual sales exceeded 1 billion euros for the first time in its 77-year history. What is worth celebrating is that Pepperl+Fuchs has achieved the goal originally set for 2025 ahead of schedule, despite the many crises in the past few years.

In fact, the Pepperl+Fuchs Group, as a global company, has responded well to the challenges since the start of the COVID-19 pandemic. After an initial decline of 9% in sales in 2020, Pepperl+Fuchs was not afraid of difficulties and achieved an overall sales growth of more than 40% in the two years after the epidemic.

booming day by day, like a broken bamboo

Despite the tense situation caused by various factors such as the new crown epidemic, supply bottlenecks, rapid inflation, the war in Ukraine and the shortage of natural gas, in fact, the Pepperl+Fuchs Group has achieved the goal of exceeding one billion euros in global annual sales ahead of schedule, doubling Dr. Gunther Kegel, Chief Executive Officer (CEO) of the Pepperl+Fuchs Group is very proud of this: “In this extraordinary period, it is all thanks to the special dedication of more than 7,000 employees of the Pepperl+Fuchs Group around the world that we have been able to achieve such great success. For For this, on behalf of the shareholder family and the executive board, we would like to express our special thanks to each and every employee.”

Dr. Gunther Kegel is correspondingly optimistic about the future, continuing: “This outstanding performance will enable us to continue to strengthen our strategic investments and to expand our workforce in the future to ensure the long-term success of our company.”