Eppendorf: Sales stable in 2013

11-Apr-2014 - Germany

In fiscal year 2013, the Eppendorf Group achieved sales of €502.7 million (prior year: €520.2 million). When adjusted for currency effects, sales were only slightly lower than in the previous year (-0.4%). Income from operations (EBIT) decreased to €93.8 million (prior year: €101.5 million), and 2013 net income declined to €67.5 million (prior year: €70.6 million).

The slight drop in sales took place against the background of difficult market conditions – especially in the publicly financed research sector in the USA – that could not be completely evened out by growth in Europe and Asia. At the same time, the company added more than 100 employees to its staff to develop its international sales and service structures even further. Expenses for research and development increased only slightly to €28.2 million (prior year: €27.5 million), since many new products were introduced in 2013 or will be launched soon.

"In spite of the extremely difficult market situation in segments that are important to our business, in 2013 we continued to invest in our organization, products, infrastructure and brand," said Dr. Dirk Ehlers, Chairman of the Executive Board of Eppendorf AG. "The increasing breadth of our position and our market presence are the foundation of our sustainable course for growth."

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