The Jensen-Group reports a revenue of €171.2 million for the first half year of 2022. The increase of 37.8% compared with 2021 is attributed to a higher order backlog at the end of 2021 and continuous strong order intake during the first semester of 2022.
The Jensen-Group has been strongly investing in smart digital solutions for heavy-duty laundries. By introducing robotics and AI, the Jensen-Group and its partner Inwatec have pioneered a totally new approach in laundry automation. Launched at the Jensen Performance Days 2018, many laundries around the globe have embraced this new technology that improves sustainability along their value chain. By automating such processes, the health and safety of the workers is improved and the lifetime of textiles and equipment is prolonged.
The Basel Branch of the German Bardusch Group recently installed a fully automated sorting system for soiled linen, pictured, a new washroom section, and a highly automated garment handling system. The upgraded laundry incorporates technology from Inwatec and the Jensen-Group, and is extensively used as reference installation for interested customers.
Supply chain issues
The production constraints due to shortages of critical components and higher material prices are a major business risk. Our management, together with the local procurement teams, forms a core team that evaluates the challenges on a weekly basis. Unfortunately, many suppliers have increased their prices, which is why we have to pass on price increases. We are increasingly looking for alternative options from other manufacturers as well as alternative products with the same performance. In project discussions with our customers, we ensure transparency and regular updates: This partnership approach ensures understanding and allows constructive approaches. Our customers appreciate that we do everything we can to support them in these challenging times.
The Group management foresees an increased demand for automation and material handling solutions, as hygiene requirements and personnel shortage become a global concern. Also on a global level, the healthcare sector remains stable and continues to invest. A bit more fragmented is the tourism sector that is gradually picking up. Whereas most European and American countries will soon approach the levels of 2019, countries in Asia and the Middle East strongly depend on the reopening of borders and easing of measures.