In the 2020 financial year, the Festo Group had to cope with a 7.5% decline in turnover due to the pandemic, but was able to close with an overall operating result above the previous year. The workforce was also guided through the crisis in a stable manner. After a strong first quarter, the company expects a catch-up year in 2021. With smart and intelligent products as well as digital learning platforms, Festo supports the structural change in industry ...

Indonesia wants to become one of the ten leading economies by 2030. The way to achieve this is through the digital transformation of the Indonesian industry. Festo is a strong partner in the government programme “Making Indonesia 4.0”. For more than 30 years, the company has had its own local national company and supports the competitiveness of all domestic industries, such as food, automotive, textiles, pharmaceuticals and electronics, ...

In 2020, Festo was able to increase sales in the "machines and systems for battery production" segment by 40 percent. The demand for automation for battery cell production and other e-vehicle components is increasing. Festo sees great opportunities for further growth in this segment.