WETTEREN and BURGDORF, Germany — Laundry equipment manufacturer JENSEN-GROUP reports its revenue increased 31.5% in 2022 compared with 2021.
The company says its strong market position and continuous investment in manufacturing and product development are the reasons for these achievements.
JENSEN-GROUP adds that it is back at pre-COVID-19 activity levels, despite supply-chain disruptions and their impact on its business activities.
The setbacks in the hospitality sector of the past years are now limited to certain areas of the globe, according to the company, adding that it looks forward to recovery in those areas.
INVESTMENTS FOR THE FUTURE
The JENSEN-GROUP says it was correct in its assessment that automated solutions using robotics and AI (artificial intelligence) are increasingly in demand.
In its fifth year of cooperation with Inwatec Aps, the company commissioned many new laundries on all continents, in which robotics enjoyed the same self-evidence as tunnel washers and integrated finishing lines.
JENSEN-GROUP says the collaboration reached a new peak in 2022 with the development of the new BLIZZ, a new approach to automate the feeding of terry towels into a folding machine.
Sustainability has been part of the JENSEN DNA ever since its launch of the CleanTech concept in 2008, which was well demonstrated with all exhibits displayed at The Clean Show in Atlanta and EXPOdetergo International in Milano, Italy, the company says, adding that the launch of the new XR dryer was a breakthrough.
JENSEN-GROUP says the dryer will set new benchmarks in productivity because of its extra airflow for greater air exchange and up to 15% higher evaporation capacity.
In 2022, the company officially opened its rebuilt American manufacturing plant, which had been destroyed by a hurricane. The JENSEN factory in Panama City, Florida, engineers and produces material handling solutions as well as washroom equipment for the U.S. market.
The JENSEN factory in Xuzhou/China was the first within the JENSEN-GROUP to install solar panels as well as new e-bike charging stations as part of the “bike-to-work” initiative, the company shares. The three-year-long lockdown has finally come to an end and production is running at 100%.
In early March, JENSEN-GROUP reported that it had agreed to a joint venture to make the company a key partner for Miura’s wholly owned subsidiary Inax, one of the main manufacturing and distribution companies for heavy-duty laundry equipment in Japan.
OUTLOOK
JENSEN-GROUP says its focus will continue to be on customer-centered innovation and sustainable growth through new product development and its participation in Inwatec. The view of 2023 is clouded by geopolitical and military threats as well as a possible slowdown in demand due to an economic recession in its key markets.
“We are restrained positive about the future, as we count on achieving normalization in the supply chain by the end of 2023,” shares Jesper Munch Jensen, CEO of the JENSEN-GROUP.
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