Beckhoff Automation, a specialist in automation technology, saw a 16 percent increase in revenue to 1.75 billion euros compared to the previous year. This growth can be attributed to their commitment to innovation in all areas of automation and close collaboration with technology leaders worldwide. With a workforce of 5,500 employees, including over 2,000 engineers, the company’s success contributes to its global presence.
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Challenges in 2023 despite successful year, positive outlook for 2024
Despite a successful year in 2023, Beckhoff Automation faced challenges with a significant decline in order intake throughout the year. This can be attributed to customers building up their inventory and placing larger orders in 2022 and early 2023 to mitigate potential delivery fluctuations. As a result, there were lower order quantities throughout 2023. Additionally, certain regions and industries experienced economic downturns. However, Beckhoff anticipates a stabilization of order intake in Q1 2024 and a significant increase in demand in the second half of the year.
Beckhoff increases production capacity by over 100% with extensive investments
Beckhoff has made significant investments in production, warehouse, and infrastructure over the past two years, resulting in a more than 100% increase in production capacity. As a result, they are now able to deliver almost all products directly from stock. The company’s goal was to provide reliable standard delivery times for their customers by the end of 2023.
Beckhoff Automation unveils exciting innovations for Hannover Messe
Beckhoff Automation is set to showcase exciting innovations at the upcoming Hannover Messe. These include Industrial PCs with increased CPU power, high-performance control software for both Windows and Linux, an expansion of the Beckhoff Bus Terminal system, the MX system as a replacement for control cabinets, new drive amplifiers and motors, software-based safety CPUs, and deep integration of artificial intelligence into control and engineering functions.
Beckhoff Automation remains positive despite future challenges in automation
Despite the challenges ahead, Beckhoff remains optimistic about the future. Automation is a fundamental technology used worldwide in all areas of society, driving digital and ecological transformation. With their software and PC-based control technology, powerful hardware for I/O, Motion, Vision, and Artificial Intelligence, as well as the expertise and dedication of their employees, Beckhoff is well-positioned to successfully implement customer applications.
Beckhoff Automation reports successful growth and strengthens its position in automation technology
Beckhoff Automation achieved significant growth in the fiscal year 2023, solidifying its position as a specialist in automation technology. Through continuous innovation, close collaboration with industry leaders, and substantial investments in production and storage facilities, the company has been able to provide reliable products and meet the increasing demand for automation technology. With a positive outlook for long-term development and a focus on customer applications, Beckhoff is well-prepared to tackle future challenges.
