International
The Jensen-Group has reported a very successful 2014. Revenue rose by 8.2% to 239.6million euro, while operating profit (EBIT) increased by 31.2% to 19.7million euro year-on-year.
The company attributes this success to a good flow of orders through 2014 and, taking into account equipment already produced by year end, the order backlog in December was 13% higher than in the previous year. This level has meant a good start to 2015.
During 2014, Jensen introduced innovative products for all sections of the laundry line and these were well received. It said the high growth in garment and flatwork finishing technology was encouraging and that overall trends in healthcare and tourism "are excellent for our customers and confirm that we are in the right industry."
Jensen-Group's international expansion continues. Following the acquisition of the business activities of its Spanish distributor, Boaya, in February this year, the group has opened a sales and service centre, Jensen Spain, and added 15 new employees.
The group said the main risk factors for 2015 were volatility in the financial markets, which could affect customers' investment decisions. Other risks included high exchange-rate volatility and fluctuating costs for raw material, energy and transport.
Summing up, Jesper Munch Jensen, CEO of the Jensen Group said that 2014 had been highly successful and he thanked customers for their continued trust in the company, its products and its teams. "We will honour this trust and continue to work hard on sustainable laundry solutions that will help increase laundry's productivity figures on all continents."
SUCCESSFUL YEAR: The Jensen-Group said the high growth in garment and flatwork finishing technology was encouraging
