The JENSEN-GROUP reports a 2% increase in revenue compared to last year. Turnover totaled 344 Million Euro (400 Million USD). Investments in new products, a new second brand, ALPHA by JENSEN, and new marketing approaches allowed the company to reach a record revenue for the year 2018, according to a company release.
Creating the future in laundry automation
The company report stated: 2018 started with an exciting milestone as the JENSEN-GROUP acquired a minority shareholding in Inwatec, Denmark. This participation strengthens our market position and supports our 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 us to better capture the opportunities in improving the material flow and logistics in heavy-duty laundries. Most high-tech laundries need equipment which works seamlessly together thus improving the material flow through the facility.
We also implemented our 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 us to better meet our customers’ requirements. In combination with our stand-alone solutions partner TOLON, we are able to cater for the needs of smaller commercial laundries as well as large on-premise laundries.
We have further streamlined our product range and expect to launch a number of new products in 2019, which will further strengthen our number one position in the heavy-duty laundry market. We have 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.
We have enjoyed strong orders in Europe, the United States and we continue to focus on market leadership in China. Our strong base in Japan, South East Asia and Australia/New Zealand was further strengthened.
The JENSEN Spirit – stronger than ever
On October 10, our American facility was hit by hurricane Michael. Our 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. 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 experience, live and share. In situations like this, it becomes even more important.
“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” says Jesper Munch Jensen, CEO of the JENSEN-GROUP.
For more information visit the company’s web site: JENSEN – GROUP