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Festo Group

Festo Group

Revenue

€2.8 B

FY, 2020

Festo Group Summary

Company summary

Overview
Festo is a company that provides industrial automation and didactic solutions. It offers products, systems, and services for pneumatic and electrical control and drive technology used for factory and process automation. The company also delivers industrial education services including equipping technical educational institutions and providing training and advice for industrial companies.
Type
Private
Status
Active
Founded
1925
HQ
Esslingen, DE | view all locations
Cybersecurity rating
Sectors

Key people

  • Ansgar Kriwet

    Ansgar Kriwet, Member of the Management Board, Sales Director

    • Jaroslav Patka

      Jaroslav Patka, Member of the Management Board, Chief Operations Officer

      Operating MetricsView all

      Industries

      35

      Sep, 2021

      Customers

      300K

      Sep, 2021

      Business Areas

      2

      Sep, 2021

      LocationsView all

      54 locations detected

      • Esslingen, BW HQ

        Germany

        Ruiter Str. 82

      • Hauppauge, NY

        United States

        1377 Motor Pkwy #310

      • Martínez, Provincia de Buenos Aires

        Argentina

        Edison 2392

      • Yerevan, Yerevan

        Armenia

        9 Grigor Lusavorich Street

      • Noble Park North, VIC

        Australia

        179-187 Browns Rd

      • Wien, Wien

        Austria

        Linzer Str. 227

      and 48 others

      Festo Group Financials

      Summary financials

      Revenue (FY, 2020)
      €2.8B
      Gross profit (FY, 2020)
      €2.0B
      Net income (FY, 2020)
      (€110.5M)
      Cash (FY, 2020)
      €1.2B

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