Financial

The Managing Board and Supervisory Board of Siemens AG have approved the sale of Innomotics – a world-leading electric motors and large drives company – to KPS Capital Partners, LP …

Bosch Rexroth again recorded strong growth in fiscal year 2023. Sales rose by 7.5 percent to around 7.6 billion euros compared to the previous year. Growth was driven by company …

The CODESYS Group reports record sales of EUR 43.5 million for the 2023 financial year – an increase of 12%. This gratifying growth was generated jointly by the Group headquarters …

LAPP looks back on the past financial year with satisfaction. The global market leader for integrated solutions in the field of cable and connection technology increased its turnover for the …

Universal Robots, the Danish collaborative robot (cobot) company, has reported Q4 revenue of USD 103 million, up 21% on Q4 2022. The quarter was the company’s largest revenue quarter to …

For the second time the HARTING Technology Group generated sales slightly in excess of one billion euros. Following the record result of € 1.059 billion in the 2021/22 financial year, …

Universal Robots, one of the main manufacturers of Collaborative Robots (Cobots) has published the results of the second quarter of 2023 presenting a 30% reduction in revenue compared to 2022. …

For the second year in a row, the sensor and automation specialist achieves a record result. Total sales in fiscal year 2022 amount to 567 million euros. Strong basis for …

Global industrial automation company Inovance has announced 2022 earnings of over $3.4bn. This represents growth in annual revenues of 28% year-on-year (YoY), and it comes as the company has engaged …

The Pilz corporate group has a demanding, but successful 2022 financial year behind it: despite the difficult environment conditions in 2022, the automation company achieved a record turnover of 403.3 …

In the last two years, the manufacturer of electrical and electronic connection technology has increased its sales by more than 50 %. In 2022 alone, the company enlarged its workforce …

Beckhoff Automation successfully continued on its growth trajectory in 2022. This specialist in high-performance automation technology was able to increase its sales to €1.515 billion. This represents an increase of …

Photoneo Brightpick Group, the parent company of Photoneo, a leading provider of robotic vision sensors and intelligence software, and Brightpick, a leading provider of warehouse automation solutions for ecommerce and …

In 2022, the Bender Group achieved a turnover of over € 250 million for the first time in the company’s history. Compared to the previous year, turnover has increased by …

Universal Robots, the Danish collaborative robot (cobot) company, has reported Q4 revenue of USD 85 million, bringing 2022 annual revenue to USD 326 million, up 5% on 2021. On a …