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 ...

Festo is setting new standards in process optimization on the shopfloor: By using AI and other smart software solutions, Festo enables its customers to achieve maximum flexibility and increased efficiency in their production processes. A significant increase in overall system effectiveness has already been demonstrated in many projects. The Festo AX Industrial Apps in particular make digitalization and networking scalable and support the efficient ...

You are cordially invited to our press conference at Hannover Messe 2024! When? Monday, April 22, 2024, from 12 - 1 p.m. Where? At the Festo stand in Hall 7 Stand D31