Sartorius looks back on a successful first quarter 2018. "Both divisions started off the year strongly in line with our expectations and further increased their revenues in the first quarter of 2018 in all regions. On the currency side, however, we faced some headwinds, especially due to th ... more
Sartorius Campus expands: Official opening of the new manufacturing facility for laboratory instrumentsThe largest single investment of Sartorius Campus totaling around 42 million euros
With its new facility for the manufacture of laboratory instruments, Sartorius provides high-quality production conditions and an advanced, efficient work environment. The biopharmaceutical and laboratory equipment supplier officially opened its approximately 42-million-euro new building as part of Sartorius Campus in the presence of some 250 guests, including Lower Saxony's Governor, Stephan Weil, and the Mayor of the City of Goettingen, Rolf-Georg Köhler. Around 450 employees build laboratory instruments, such as balances, ultrapure water systems and moisture analyzers, at this facility covering about 25,000 square meters, or nearly 270,000 square feet, in the industrial zone of Grone in Goettingen.
The production facility, to which the State of Lower Saxony and the German federal government together contributed 4.2 million euros, represents the largest single investment of Sartorius Campus. On the whole, Sartorius is investing around 500 million euros in its Campus up to completion of construction scheduled for the end of 2018. The new Group headquarters will combine two Goettingen sites and, apart from providing more capacity for manufacture and administration, offers an attractive work environment. Moreover, the Campus grounds covering around 170,000 square meters, or 1,829,865 square feet, can be used to further expands its facilities.
The new building combines different manufacturing sites, formerly spread out at various locations, all under one roof: parts manufacture, prototype construction, calibration center, an extended vocational training workshop and an administration complex. Glass expanses of close to 7,000 square meters, or 75,350 square feet, provide plenty of daylight throughout all areas of the building; a modern office design permits efficient work. As highly accurate balances are also calibrated inside, the building is protected from temperature fluctuations and protected by a foundation isolated from vibration by decoupling.
Sartorius intends to continue on its profitable growth track over the long term. According to its new medium-term targets that presented at the company’s annual press conference and its Capital Markets Day, the Group expects to achieve sales of around 4 billion euros in 2025. Management’s p ... more
Sartorius grew substantially according to its preliminary figures for fiscal 2017, with sales revenue up 9.3% to 1,404.6 million euros, and increased its underlying earnings to 353.2 million euros. "In 2017, Sartorius continued on its profitable growth track, executed two strategically impo ... more