Eppendorf back on sound course for growth

In fiscal year 2014, the Eppendorf Group achieved sales of €531.1 million (prior year: €502.7 million), corresponding to a 5.7% increase when adjusted for currency effects. Income from operations (EBIT) rose to €95.7 million (prior year: €93.8 million), and 2014 net income declined to €65.7 million (prior year: €67.5 million).

 In addition, significant capital investments were made in the further expansion of the company's sales structures and the set-up of production facilities, i.e. for the introduction of new product lines. Expenses for research and development also increased to €29.4 million (prior year: €28.2 million). The number of employees rose to 2,927 worldwide (prior year: 2,848).

 Detmar Ammermann, Spokesman of the Management Board and Eppendorf's Chief Financial Officer: “The outstanding performance of our employees, our rigorous implementation of our strategies and the positive developments on the market all resulted in very positive sales growth of 5.7%. On the basis of this solid result, we will continue to pursue our strategic goals and increase customer benefit sustainably.”

 The Annual Report 2014 can be found online at: http://ilmt.co/PL/nY6m