Lenze reports double-digit growth in its jubilee year

In its 75th anniversary year, Lenze has successfully positioned itself in the market with new developments and collaborations, and achieved record results.

The Group’s revenue in the previous financial year grew by 21 percent to 832.6m euros. The automation specialist’s volume of orders grew by 50 percent to more than 1.1 billion euros. The operating result came to 91.8m euros and was also well over the previous year’s result (47.1m euros).

“Even in a turbulent market environment, automation will remain a winning sector in the coming years,” promises Lenze CEO Christian Wendler. “Industry must quickly boost its reduction of CO2 emissions. We are helping our customers to develop sustainable, energy-efficient production processes – with automation and digitalisation.

“In particular, because of increasing cost pressures and ever stricter environmental regulations, we are providing our partners in the small and medium-sized business sector with value-adding solutions, helped by smart data. Using our many years of expertise and our domain knowledge, we analyse and interpret their machine data and gain relevant insights for our customers. In this way we can precisely map out a machine’s energy needs and reduce energy consumption on average by up to 30 percent. Automation is the key to sustained success.”

Wendler notes other challenges industry is facing, and highlights solutions: “In addition to the growing pressure on industry worldwide with regard to emissions obligations, one of the biggest challenges for Lenze’s customers is the shortage of skilled personnel,” he says. “The shortage of trained personnel is a push-factor for automation projects, for example in the field of intralogistics. This is why companies all over the world are automating their storage and material-flow processes – and not only in commerce. The intralogistics sector is therefore a dynamic and strategically important field for Lenze.”

Success through collaboration

Lenze also supports machine and plant manufacturers in their search for new, digital business models, relying on a triad consisting of electrical engineering, software, and a platform strategy. “Today it is no longer enough just to sell hardware,” explains Wendler. “Together with our customers, we must work more closely with the operators to be able to reach a better understanding of processes and needs, and to develop business models based on that. Many smaller machine manufacturers cannot develop digital services themselves. Lenze helps them with the development and the implementation.”

To achieve this goal of developing business models and solutions in collaboration, Lenze is intensifying its cooperation with start-ups, suppliers, scientific institutes and customers. “We have to work together more closely and more agilely,” believes Wendler. In the 2021/2022 financial year, Lenze created forward-looking places for collaboration. One example is the Mechatronic Competence Campus (MCC) at the company’s Extertal site. “The MCC opened officially on 15 October 2022 and will be the heart of Lenze mechatronics,” says Wendler. “The aim is to bring all our expertise together in one place so as to speed up our development of drive solutions consisting of mechanics, electronics and software, which our customers need in order to succeed against the competition.”

The Digital Hub Industry in Bremen also has also been facilitating innovative forms of collaboration since summer 2022. Working there in close cooperation with the University of Bremen, Lenze offers small and medium-sized businesses an ecosystem for the open exchange of experiences and ideas and for experiments and collaborations. It is only in collaboration that beneficial digital services and business models can be created. “We believe that this requires courage and the readiness to change. It is no coincidence that ‘The Courage of Change’ is Lenze’s jubilee motto in 2022,” Wendler concludes.

Lenze Ltd

6 Abbey Court Road
Priory Business Park
Bedford
MK44 3WH
UNITED KINGDOM

+44 (0)1234 753200

sales.uk@lenze.com

www.lenze.com

More news
16 hours ago
Schaeffler destroys ten tonnes of counterfeit rolling bearings
Schaeffler takes regular and consistent action against counterfeit products, and now it has had around 30,000 counterfeits with a total weight of ten tonnes destroyed in Schweinfurt.
17 hours ago
Klüber Lubrication awarded with gold medal for sustainability again in 2023
Klüber Lubrication was awarded the ‘gold medal’ by EcoVadis, a leading company for sustainability ratings, for the second time after 2022. This makes the lubricant manufacturer one of the best four percent of more than 100,000 companies rated worldwide.
20 hours ago
Festo highlights the benefits of standardised hardware
Festo says its standardised hardware and the ability to work with the industry leading control architectures makes its stepper and servo drives, remote I/O and valve terminals a natural choice for machine manufacturers and end-users.
3 days ago
NSK spindle bearings boost reliability at automotive plant
A large manufacturer of automotive engines has significantly improved the reliability of its CNC machining centres by adopting NSK sealed spindle bearings that prevent the ingress of cutting fluid.
3 days ago
Automotive manufacturers are rethinking ‘just in time’ approach
Supply chain disruption and rising material costs are causing the global automotive industry to re-evaluate lean manufacturing principles, reveals a new survey commissioned by ABB Robotics.
4 days ago
Spring budget presents mixed bag for UK industry
The Chancellor’s spring budget presents a mixed bag for UK industry, says Mark Yeeles, VP for industrial automation at Schneider Electric in the UK and Ireland, commenting: “While the full expensing measures are a good step towards encouraging the investment that is vital for our sector to become more efficient and productive, the imminent end to energy cost support presents an existential threat to many businesses in our sector.”
1 week ago
William G Search wins Atlas Copco Compressors’ Distributor of the Year Award
Honouring William G Search with the Distributor of the Year Award, Ariel Rubinstein, general manager at Atlas Copco Compressors, said: “At Atlas Copco, we want to recognise and celebrate partners who contribute towards our overall growth.
1 week ago
CMZ and NSK celebrate over 25 years of technology collaboration
World-renowned Spanish lathe manufacturer CMZ is lauding more than 25 years of high-level technological collaboration with linear motion and bearing specialist NSK. The company’s machines incorporate NSK innovations that include ground ball screws, linear guides and super-precision bearings.
1 week ago
Ensuring regulatory compliance for razor blade assembly machine
When consulting services company Laicon identified the need to appoint a European Authorised Representative (EUAR) in compliance with EU Regulation 2019/1020 for a razor blade assembly machine project, it turned to Hold Tech Files.
1 week ago
Delta Electronics recognised as Top 100 Global Innovator 2023 by Clarivate
Delta has been honoured for the second consecutive year as one of the Top 100 Global Innovators (2023) by Clarivate for its superior innovation and patent intellectual property portfolio.

Login / Sign up