Syntegon Reports Increased Sales in 2022
Syntegon increased both order income and sales last year despite the persistent challenges of the global supply chain crisis. Order income rose by 3 percent from EUR1.5bn to EUR1.55bn, while total sales increased by 2.6 percent from EUR1.41bn to EUR1.44bn. Global machine sales accounted for two thirds of total sales; the remaining third was earned with Syntegon’s service offering. Sales in 2022 were generated in roughly equal parts in the most important markets around the globe: 32 percent in Europe, 33 percent in North America, and 35 percent in Asia and the rest of the world. America’s share increased slightly, while Europe’s decreased somewhat. “In a year of challenging conditions, we succeeded in developing our business in a stable fashion thanks to our proven customer and supplier relationships, our global positioning, and our innovations,” says Dr. Peter Hackel, Chief Financial Officer of Syntegon.
One of the company’s goals is to reduce its CO2 emissions by 25 percent until 2025 compared to 2019. To this end, Syntegon built new photovoltaic plants at its sites in Beringen (Switzerland), Crailsheim (Germany), Dresden (Germany) and Verna (India), among others, in 2022.
The company also supported its customers on their journey to more sustainable manufacturing. A newly developed life-cycle assessment, certified by TÜV Rheinland, a German association for technical inspection, enabled Syntegon to offer manufacturing companies in the pharmaceutical and food industries a totally transparent view of their machines’ carbon footprint.
Several new developments launched by Syntegon in 2022 underscore the company’s commitment to sustainability. It integrated lock-style technology into its proven Sigpack TTM cartoner platform to cut energy and material costs. The new PMX packaging machine for ground coffee and whole beans processes recyclable mono-materials and enables condition monitoring to save energy and materials.