Despite a difficult market environment in 2022, the JUMO group of companies has developed positively. For the first time in the company's 75-year history, consolidated sales rose to over 300 million euros. 2023 heralds the anniversary year for the company, when a new plant construction will set the course for future growth.
"We are very satisfied with the last fiscal year. Despite numerous global crises, the growth trend from the previous year has continued and we were able to increase our sales from 281 million euros in 2021 to over 300 million euros. Our consolidated sales have thus grown by 50 percent since 2012," says Dimitrios Charisiadis, CEO of the JUMO Group of Companies.
Strategic growth
JUMO Germany was able to increase its previous year's sales by 9 percent to 217 million euros. Domestic growth was 6 percent, while exports increased by 7 percent. The export ratio remained stable at 54 percent. Thanks to its solid financial position and good liquidity, the company was able to make investments of around 18 million euros worldwide in 2022. These focused on machinery, equipment and tools.
"Our clear focus on individual core industries and our strategic development into a system provider is paying off more and more. At the same time, we are constantly opening up new markets through innovative cloud and automation solutions. In 2023, this total will be significantly higher due to extensive construction measures," explains COO Dr. Steffen Hoßfeld.
Situation of the employees
JUMO employed 2,530 people worldwide at the end of 2022 and we will continue to add staff. There were 1,459 people employed at the Fulda site and in the German subsidiaries, including 93 trainees, and 1,071 employees in the foreign subsidiaries. The trainee ratio at JUMO continues to be above average. Last year, 43 new trainees, dual students, and annual interns were hired. In the last 10 years, the number of employees in the entire group of companies has increased by 26 percent.
