Stable position for the future
In the 2020 financial year, the Festo Group had to cope with a 7.5% decline in turnover due to the pandemic, ...
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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 ...
