Jensen Group sets new milestone in order intake, driving record revenue and profit growth
Jensen Group sets new milestone in order intake, driving record revenue and profit growth
The Jensen Group reports another record-breaking annual revenue for 2024, reaching €453.2M, a 13 per cent increase compared to 2023 as well as an order intake 46 per cent higher than last year.
In a press release Jensen stated that they have strengthened their global manufacturing footprint by expanding production facilities worldwide. Since 2020, they have added a total of 30,000 square metres of manufacturing space, enabling them to successfully meet market demand.
Additionally, they have intensified focus on innovation, increasing investments in AI and robotics at Inwatec in Denmark, where an additional plant will be ready by 2026.
Europe remains Jensen’s largest market, accounting for more than 60 per cent of revenue, while they have achieved a record revenue in the United States.
Building on this momentum, in July 2024, Jensen further expanded their strategic portfolio by acquiring Maxi-Press, a market leader in press cushions and consumables for the heavy-duty laundry industry.
Jensen added that thanks to Inwatec’s cutting-edge solutions, they are “revolutionising the industry: For the first time, robotics enable the full automation of processes that were previously manual. Soiled linen sorting can now be done entirely automatically, at high speed, and with zero risk to operators in the sorting area.
“What was once innovative is now becoming the new standard: AI and robotics are increasingly integral to our production processes and how we deliver solutions to our customers. As a pioneer in the laundry industry, the Jensen Group has successfully implemented over 150 fully automated soil sorting installations, leveraging robotics and AI. With nearly a decade of expertise in this field, the company is driving the industry’s transformation.”
The demand for automation correlates strongly with GDP per capita, making Europe, Japan, and North America key markets for Jensen Group. To support their expanding customer base, they have hired nearly 100 new service engineers across local sales and service centres. As laundry operations face increasing challenges in recruiting skilled technical staff and as installations become more sophisticated, Jensen Group is responding with enhanced service offerings, stating that “the acquisition of Maxi-Press also aligns with our commitment to strengthening our service capabilities.”
The press release concluded: “Looking ahead to 2025, we remain focused on strengthening our market position and profitability by capitalising on our robust order book and project pipeline. Our strategy centres on commercial and operational excellence, customer-centric innovation, and sustainable business practices. By continuously developing new products and services and further optimising and digitalising our business processes, we are shaping the future of the laundry industry.
The global sales and marketing team of the Jensen Group and its partners showcased the latest innovations for all sections of the laundry at the Texcare International Show 2024 in Frankfurt
Jensen Group sets new milestone in order intake, driving record revenue and profit growth
The Jensen Group reports another record-breaking annual revenue for 2024, reaching €453.2M, a 13 per cent increase compared to 2023 as well as an order intake 46 per cent higher than last year.
In a press release Jensen stated that they have strengthened their global manufacturing footprint by expanding production facilities worldwide. Since 2020, they have added a total of 30,000 square metres of manufacturing space, enabling them to successfully meet market demand.
Additionally, they have intensified focus on innovation, increasing investments in AI and robotics at Inwatec in Denmark, where an additional plant will be ready by 2026.
Europe remains Jensen’s largest market, accounting for more than 60 per cent of revenue, while they have achieved a record revenue in the United States.
Building on this momentum, in July 2024, Jensen further expanded their strategic portfolio by acquiring Maxi-Press, a market leader in press cushions and consumables for the heavy-duty laundry industry.
Jensen added that thanks to Inwatec’s cutting-edge solutions, they are “revolutionising the industry: For the first time, robotics enable the full automation of processes that were previously manual. Soiled linen sorting can now be done entirely automatically, at high speed, and with zero risk to operators in the sorting area.
“What was once innovative is now becoming the new standard: AI and robotics are increasingly integral to our production processes and how we deliver solutions to our customers. As a pioneer in the laundry industry, the Jensen Group has successfully implemented over 150 fully automated soil sorting installations, leveraging robotics and AI. With nearly a decade of expertise in this field, the company is driving the industry’s transformation.”
The demand for automation correlates strongly with GDP per capita, making Europe, Japan, and North America key markets for Jensen Group. To support their expanding customer base, they have hired nearly 100 new service engineers across local sales and service centres. As laundry operations face increasing challenges in recruiting skilled technical staff and as installations become more sophisticated, Jensen Group is responding with enhanced service offerings, stating that “the acquisition of Maxi-Press also aligns with our commitment to strengthening our service capabilities.”
The press release concluded: “Looking ahead to 2025, we remain focused on strengthening our market position and profitability by capitalising on our robust order book and project pipeline. Our strategy centres on commercial and operational excellence, customer-centric innovation, and sustainable business practices. By continuously developing new products and services and further optimising and digitalising our business processes, we are shaping the future of the laundry industry.
The global sales and marketing team of the Jensen Group and its partners showcased the latest innovations for all sections of the laundry at the Texcare International Show 2024 in Frankfurt
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