The JENSEN-GROUP reports a revenue of 332.2 million euro for 2019 in a recent news release stating that the solid result is a consequence of its continued investment in products and markets. JENSEN-GROUP was able to keep a stable business performance in a volatile market.
JENSEN-GROUP continues expanding its market reach by offering individual machines, systems as well as turn-key solutions. These machines have varying degrees of automation in response to customers’ specific requirements. In 2019, the JENSEN-GROUP won high-tech advanced projects offered in co-operation with its business partner Inwatec. The joint efforts extend market offering and support its strategy to automate laundries as much as possible using robotics and AI (Artificial Intelligence) applications.
With two-tier sales strategy, JENSEN-GROUP offers high-tech products from its European and American factories and machines with standard configurations under the ALPHA by JENSEN brand from its JENSEN factory in China. ALPHA by JENSEN machines are globally appreciated by laundries of all sizes. Its success is a confirmation of our fundamental belief that we want to offer true choices to our customers.
2019 – year of the product launches
In the past year, JENSEN-GROUP launched a series of innovations for all sections of the laundry, such as an entire finishing line with the new Kliq feeder, the new ironer and the new Katana folder. These products have shown value in market penetration and customer acceptance. The company’s total number of continuous tunnel washers has reached a new record level as it expands product portfolio and geographic reach.
According to the release, JENSEN-GROUP has enjoyed strong orders in Europe and in the United States. Its performance in the past years confirms that the development of new products and its investments in Asia and in geographic expansion create healthy and sustainable growth opportunities. JENSEN-GROUP is also adding new customers in South America with its enlarged product range including stand-alone washer extractors and dryers.
“We are prudent in our outlook because we are unable to assess today the impact of the Covid-19 situation.” the release reads. “We are happy to announce that our Chinese factory is back in operation and that none of our employees have been infected. The market continues to be very active, but more volatile with less large projects. Our objective is to maintain our high-volume level in 2020, and to excite the market with groundbreaking innovations at this year’s Texcare International show in Frankfurt.”
For more information, visit the company’s web site: JENSEN-GROUP