Aichelin Group Sales

From furnace builder Aichelin Group based in Mödling, Austria we have this summary about how the company did in 2023-it would appear that they did quite well.
“The globally positioned AICHELIN Group based in Mödling increased its turnover to EUR 214 million in 2023, an increase of 16 % after EUR 184 million in 2022. The Group grew both in its core segments of plant engineering – it produces industrial furnaces, industrial heating systems, control and automation systems as well as Industry 4.0 solutions – and in the service division, which now accounts for almost 40 % of the total sales.
The positive development reflects the geographic diversification of the Group. AICHELIN has subsidiaries in eight countries on three continents and a distribution network in 22 countries. The Group generates 45 % of its sales in the EU, 35 % in Asia and 20 % in North America.
“Our global footprint contributes significantly to our success. Our strong positioning was a key factor in our double-digit percentage growth in both revenue and earnings last year. We rely on decentralized local production facilities with a strong regional presence to respond efficiently to customer needs. This also makes us more resilient to unstable supply chains,” says AICHELIN Group CEO Christian Grosspointner.
Focus in Europe: New Assembly Center as an opportunity in a difficult market environment; To increase its competitiveness, the AICHELIN Group is joining forces in Europe and has established a new, joint production site in Europe. The modern 4,125 m2 Assembly Center Europe was built in Celje, Slovenia, next to the existing site and has been operating since the first quarter of 2024. All European production activities are now carried out here.
“The market situation in Europe is difficult, especially in the area of new equipment. Customers are postponing investments, partly because of the difficult conditions for the industry, such as high inflation, increased energy costs and the lack of qualified personnel,” explains Grosspointner. “However, we have a clear commitment to the location and want to remain a strong industrial partner in Europe. With our new Assembly Center Europe, we are pooling our strengths to respond even more efficiently to our customers’ needs.”
In addition, the Group is focusing on its core competencies with the sale of its subsidiary EMA Indutec GmbH, which specializes in induction heat treatment (see press release in March 2024). The proceeds will be invested in future-oriented projects such as modern furnace solutions for the heat treatment of battery powder, for example for e-mobility, the expansion of the product portfolio and in M&A projects.”
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