The Festo Group has achieved the highest turnover in its history for the 2021 financial year. After a double-digit growth in turnover of around 18% to 3.36 billion euros (previous year 2.84 billion euros), the company started the first quarter with a double-digit order intake. This puts the innovation leader in automation and technical education in a good starting position to push ahead with its strategic orientation towards digitalisation and ...

Festo is an independent family-owned company and a global player in automation technology and technical education, with headquarters in Esslingen a.N. (Germany) – with over 20,000 employees at around 250 locations worldwide, a turnover of around 3.5 billion euros and an R&D rate of over 8%. As a partner in motion, Festo offers integrated and seamless pneumatic, electric and digital drive technologies across all industries – including ...