Resilience in a challenging market
Although revenue fell by nearly 10% compared to the previous year, ENGEL has demonstrated its resilience. The past financial year was marked by reduced investment activity and a significant drop in incoming orders across all areas of industry. ENGEL not only remained stable in this environment, but also systematically increased its market share in multiple sectors and regions. "We have learnt to remain capable of action during crises - and once again proven that ENGEL can act reliably and with foresight even under difficult conditions," says Stefan Engleder, CEO ENGEL Group.
Segment performance: Strategic progress despite headwinds
To address the global decline in demand, ENGEL is pursuing a triad strategy focused on Europe, the Americas and Asia. This approach is supported by independent hubs with sales, sales support, production and after sales – strengthening local presence and technological innovation.
Particularly in the areas of automation and service, the company has launched key initiatives to enhance customer proximity, delivery reliability, and solution orientation. "Especially in economically challenging times, the importance of a reliable service partner becomes clear. Our goal remains to ensure maximum system availability throughout the entire lifecycle," says Engleder.
