INTERNATIONAL
The Jensen-Group reported a 2% increase in revenue for 2018 compared to the previous year. Turnover rose to 344 million Euros.
The company has attributed the increase to continued investments in new products, the launch of new second brand ALPHA by JENSEN and new marketing approaches.
Jensen-Group acquired a minority shareholding in Inwatec, Denmark at the start of 2018. This participation strengthens the company’s market position and supports its strategy into high-tech solutions addressing new areas in laundry automation such as laundry robotics and Artificial Intelligence.
The newly created business unit Material Handling and Automation helps Jensen to better capture the opportunities in improving the material flow and logistics in heavy-duty laundries. Most high-tech laundries need equipment that works seamlessly together, so improving the material flow through the facility.
Jensen also implemented its two-tier sales strategy with high-tech products from our Western factories and single machines exported from China under the Alpha by Jensen product line brand. This two-tier strategy allows the company to better meet its customers' requirements. In combination with stand-alone solutions partner Tolon, Jensen is able to cater for the needs of smaller commercial laundries as well as large on-premise laundries.
Jensen said that it has further streamlined its product range and expects to launch a number of new products in 2019, which will further strengthen its position in the heavy-duty laundry market. Jensen has been able to use the worldwide know-how we have acquired over the years to develop a truly unique product portfolio spanning washroom, garment, flatwork and mat processing solutions including single machines exported from Jensen China.
The group enjoyed strong orders in Europe and USA and continues to focus on market leadership in China. A strong base in Japan, South East Asia and Australia/New Zealand was further strengthened.
On October 10, Jensen’s American facility was hit by hurricane Michael. The company’s American colleagues showed great dedication and worked relentlessly to implement a disaster recovery plan. By the end of October, Jensen USA was running close to normal capacity again. In a statement, Jensen said: “The concerted effort in the US and the support from the entire work-force of the Jensen-Group was a true expression of the Jensen spirit that all Jensen employees around the globe countries experience, live and share. In situations like this, it becomes even more important,”
Jesper Munch Jensen, CEO of the Jensen-Group said: “We are expanding our market reach by investing in further automation of the operations of our customers as well as catering for the stand-alone market with more standard solutions. This will secure growth as we create a larger customer base for our equipment and solutions.”
PERFORMANCE: The ALPHA by JENSEN brand pictured at the first JENSEN Performance Days on the island of Mallorca, held in April 2018.
