Today we're announcing our annual financial result for 2023: Record profit and massive investments in innovation and sustainability
➡ 570 million DKK in operating profit
➡ 12% of the revenue reinvested in innovation
➡ 4% organic growth (driven by sales of new solutions)
In 2023, FOSS reinvested 12% of its revenue into innovation and launched five new products. These included the new software platform, FOSS IQX™, and the groundbreaking Micral™, based on LIBS technology, which has been utilized in NASA's Mars mission, among other applications.
In the legacy of Nils Foss, the prizes have the primary purpose of honoring the scientific community within #Agri, #Feed, #Food, and #AnalyticalTechnology.
It recognizes the important #Research in this community, research that is key to improve #FoodProduction.
Read more about the future of insights driving food quality, production efficiency and sustainability at https://t.co/h0TkZqKUoZ
For media inquiries please reach out to @BenjaminRugholm at (+45) 28 40 95 00 or [email protected]
BIG NEWS:
Today, FOSS launches the world’s first software platform of it's kind, including 120 million stored data sets and integrating Analytical Device Management, Food Safety & Supplier Quality in one:
https://t.co/4LVxOeEJqQ
Since FOSS Software Services was founded in August 2021, the company has grown to become a dedicated and specialized software company within @FOSSAnalytical.
Today, FOSS Software Services has over 100 employees and offices in San Francisco, Warsaw, Hillerød and Copenhagen.
FOSS ANNUAL RESULTS 2022:
➡ Record revenue: Third year in a row reaching 2,438 MDKK.
➡ 6.1 percent growth: Driven by new innovative solutions released since 2020.
➡ Expectations to double revenue in North America in five years, passing 1 billion DKK.
https://t.co/TdndXUialo
Anders er det tredje nye medlem af FOSS Corporate Management inden for 12 måneder, som alle er blevet fundet internt i organisationen - dette på trods af, at der har kørt en større international rekrutteringsproces med headhuntere.
"Christine has been working in some of the biggest engine rooms in FOSS: process optimization, new product introductions, logistics, finally production and implementation of Lean production.
I’m proud to see Christine take on this new role",
says Kim Vejlby Hansen, CEO of FOSS.
We are pleased and proud to welcome Christine Amalie Fisker as our new Senior Vice President Production & Supply Chain at @FOSSAnalytical.
She already has a longstanding history with FOSS – Christine started her business career in FOSS 8 years ago in R&D, before moving to P&SC.