After years of strong growth, 2023 was a year of consolidation. Turnover was just below the previous year’s level (- 4.3% to around 3.65 billion euros). Festo continued to invest heavily in research and development and the expansion of regional market supply. The company sees good opportunities for growth again in the medium term. The automation of future markets, but also the qualification of the specialists required for this, offers Festo great ...

Oliver Jung (61) will leave his position as Chairman of the Management Board of Festo SE & Co. KG as planned on expiry of his current mandate. The Supervisory Board has appointed Thomas Böck (52) as his successor. Mr. Böck will join the family-owned company as the new Chairman of the Management Board on 1 January 2024.

Le groupe Festo a réalisé une croissance à deux chiffres pour une nouvelle année consécutive. Les ventes ont augmenté de 13,4 % pour atteindre 3,81 milliards d'euros en 2022 (année précédente 3,36 milliards d'euros). Festo entend poursuivre sa croissance en 2023. L'automatisation innovante est le catalyseur de la transformation industrielle vers les énergies ...