maxon motor group increases revenues to CHF 459 million – growth in all markets – expansion of production capacity at all sites – unbroken innovative power – positive outlook for the future
Sachseln/Obwalden – The maxon motor group achieved a new revenue record in 2017. Revenues rose by 8.6% to CHF 459 million (up from CHF 422.5 million in the previous year). All markets contributed to the growth. Cash flow increased to just under CHF 50 million (up from 41.7 million). The number of employees in the group rose to 2577 by the end of the year. At a 40% revenue share, medical technology continues to be our strongest sector, followed by industrial automation at 28%. With R&D investments of CHF 34 million and more than 360 employees in our R&D sites worldwide, maxon has succeeded in bringing more than 20 new motors and gearheads to market and expand the company's position as a leading manufacturer of high-quality drive components and system. Based on the good order situation, maxon looks to the future with confidence.
