Compression – focus on growth, innovation and people
The Compression Division continued to grow profitably in 2024 – both in its core business and in new growth areas. HOERBIGER is driving the transformation with innovation, strong partnerships and a focus on efficiency. But it’s not just numbers that count; a strong corporate culture and committed employees are the key to success.
The Compression Division continued its growth trajectory in 2024. With an increase in sales of 4.4 percent to 621.2 million euros, the Division successfully demonstrated its “Performing while Transforming” strategy, as in previous years. Profitable growth was achieved both in the core business and in the new growth areas.
“ We want to create a culture in which everyone can develop their talents. This creates innovation and new growth.”
Member of the Executive Board
Successful core business
On the one hand, the global service teams contributed to the pleasing development in the core business, further expanding HOERBIGER’s market leadership through strategic partnerships, among other things. On the other hand, the OEM team also achieved considerable success in new applications. A good example of this is the delivery of components for compressors used in the production of green steel. The Compression Division in India was also able to significantly increase delivery performance and output by optimizing processes and investing in production. The team at HOERBIGER Corporation of America also delivered an impressive performance, winning the South Florida Manufacturers Association’s Manufacturer of the Year Award again in 2024.
Dynamic growth in new areas
The new growth areas presented a similarly positive picture 2024: The Air & Industrial market segment performed strongly and recorded double-digit sales growth. The Flow & Motion Control team also successfully continued its transformation into a high-tech and medical technology partner. One outstanding example is the LasGAM gas mixing system, which increases productivity in laser cutting systems by up to 50 percent – while reducing cutting gas consumption by up to 55 percent. In the field of hydrogen mobility, Compression reached important milestones, including the successful testing of the H2 Compressor Package prototype (HCP 500) at a Viennese energy company and the opening of a state-of-the-art assembly plant in Trnava, Slovakia. In addition, the Emission Business Center was established in North America to further promote innovative solutions for reducing emissions.
Growth strategy 2025: innovation, efficiency and market share
The Compression Division is planning further growth for 2025. The aim is to grow faster than the market, even if the general conditions become tougher. The growth strategy comprises three key areas: strengthening customer loyalty through digital products such as the Fleet Audit Tool and Service Analytics, gaining market share through targeted sales strategies, cost reductions and optimized delivery times, and the market launch of new products such as EmissionShield, eHydroCOM HD and LasGAM.
Focus on people
Beyond the numbers and strategies, HOERBIGER focuses on one thing above all: people. The goal is to create a corporate culture that enables all employees to develop their talents in the best possible way: “We focus on more community, joy, creative freedom and responsibility. Fewer rules, more feedback and working together as equals are essential components of this. We also attach particular importance to health and safety in the workplace. Numerous discussions show that we are on the right track,” says Wolfgang Sautter, member of the Executive Board and Head of the Compression Division.
