A more connected, productive and sustainable world
20/20 : Goals for profitable and sustainable growth
HMS’s goal is to grow by 20% each year while maintaining an operating margin of at least 20%, and over the last 10 years, HMS has been growing by 18% per year on average, with 18% profitability.
In 2019, the growth was 11% with an operating margin of 16% and we can thus conclude that we did not quite reach our goals. However, as the industrial world is becoming increasingly connected, HMS has excellent opportunities for future growth.
The well-established brands Anybus, Ewon, Intesis, and Ixxat address different aspects of communication problems in various markets and they are continually being expanded and developed with new products and solutions for industrial communication and IIoT.
Key figures from last year