Jensen Group announces good financial performance in the first quarter of 2018

The JENSEN-GROUP reports stable performance in 2019

The JENSEN-GROUP reports a revenue of 332.2 MEUR for 2019. This solid result is a consequence of their continued investment in products and markets. They are able to keep a stable business performance in a volatile market.

The company keeps 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 some high-tech advanced projects offered in co-operation with the business partner Inwatec. Their joint efforts extend their market offering and support their strategy to automate the laundries as much as possible using robotics and AI (Artificial Intelligence) applications.

With their two-tier sales strategy, they offer high-tech products from their European and American factories and machines with standard configurations under the ALPHA by JENSEN brand from their JENSEN factory in China. ALPHA by JENSEN machines are globally appreciated by laundries of all sizes. Its success is a confirmation of their fundamental belief that they want to offer true choices to their customers.

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 block buster value in market penetration and customer acceptance. Their total number of continuous tunnel washers has reached a new record level as their are expanding the product portfolio and geographic reach.

JENSEN-GROUP has enjoyed strong orders in Europe and in the United States. Their performance in the past years confirms that the development of new products and their investments in Asia and in geographic expansion create healthy and sustainable growth opportunities. They are also adding new customers in South America with their enlarged product range including stand-alone washer extractors and dryers.

They are prudent in their outlook because they are unable to assess today the impact of the Covid-19 situation. They are happy to announce that their Chinese factory is back in operation and that none of their employees have been infected. The market continues to be very active, but more volatile with less large projects.