Fan and motor specialist ebm-papst recorded record-breaking revenues of 1.901 billion euros in the last financial year, an increase of 13.2% on the previous year.
The group, based in Nulfingen, Germany, also saw considerable growth in its workforce, with employee numbers up to 14,398 in March this year (12,545 in 2016).
“We are successful now, and we have implemented the ‘one ebm-papst’ strategy to keep our corporation fit for the future. We want to become faster and more agile, and develop into a more flexible organization.
“Growing together as a group is key, but we still want to retain the level of decentralization supporting our success.”
For the current fiscal year, the ebm-papst group plans a moderate growth in revenue of 3.1% to €1.960 billion. The technology leader will allocate around €112 million (+6.5%) to research and development in order to expand its aerodynamics/acoustics, digitalization and drive technology competence. In the course of this, ebm-papst is also pushing the establishment and expansion of startups.