BURGDORF, Switzerland — Laundry equipment manufacturer JENSEN-GROUP reports a revenue of $286 million U.S. for 2021, an increase of 6% compared with 2020, as well as an order intake of $380 million U.S.
“High order intake and a doubling of net profit in 2021—this success in the new normal reaffirms our strategy of having local representation in all major markets and maintaining all in-person points of sale and service with our worldwide customer base,” says Jesper Munch Jensen, CEO.
Given the overall level of activity and the difficulties the world faced in 2021 due to the COVID-19 pandemic, the Group is very satisfied with the 2021 results.
The COVID-19 limitations imposed on tourism and travel particularly affect the Group’s level of activities in the hospitality business as many customers continue to reduce or close down parts of their operations.
Most of the recovery in the healthcare and industrial laundry industries was made in Europe and North America.
JENSEN-GROUP says the cooperation with Inwatec that started in 2018 has resulted in a number of impressive reference installations around the globe. The company foresees a growing demand for its THOR automated soil sort solutions using robotics and AI.
In March 2021, the JENSEN-GROUP increased its shareholding in Inwatec ApS from 30% to 70%.
Further investments were made by JENSEN China which acquired the land rights and the buildings in Xuzhou, where its 215,000-square-foot factories are located.
Also in 2021, the company completed a year-long expansion of its Swedish plant, doubling its capacity in material handling products and services. The expansion enables JENSEN Sweden to meet the booming demands for hygiene, labor solutions and uniform garment processing in the healthcare and garment processing laundry industry.
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