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Applus+

Company Profile Analysis

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Applus+ - ICT showcase

Year Founded & Workforce

1996

25,000 Employees

Industry

ICT
A

Applus+ Employee Contacts

5 verified contactsNames, job titles, seniority and locations

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Applus+ Overview

Company Headquarters: Madrid

Founded: 1996

Workforce: ~ 25,000

Company Working: Applus+ is a leader in the testing, inspection, and certification sector. Applus+ is a trusted partner, enhancing the quality and safety of clients’ assets and infrastructures while safeguarding their operations and improving their environmental performance. Its innovative approach, technical capabilities, and highly skilled and motivated workforce assure operational excellence across multiple sectors in more than 70 countries. Applus+ offers a complete portfolio of solutions that address a range of needs, from asset integrity management to statutory compliance-based inspections. It places a strong emphasis on technological development, digitalization, and innovation, as well as having the latest knowledge of regulatory requirements.

Strategy

Applus+ is focused on offering services and solutions in wind, solar, and energy services. It is focused on offering solar consulting, solar engineering, and wind services, wind engineering. It is focused on providing its clients with innovative and sustainable business solutions for their growth and helps in the smooth functioning of the business. It is focused on collaborating with other organizations to foray into new businesses and occupy a larger market share.

Company Snapshot

$1,670M

Revenue

25,000

Employees

1996

Founded

Madrid

Headquarters

SWOT Analysis

Strengths

  • Diversified services offerings in renewable energy
  • Offers services in more than 65 countries

Weaknesses

  • Unable to occupy large market share
  • Less strategic collaborations

Opportunities

  • Growing Renewable energy and data services industry

Threats

  • Rapid technological changes

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Key Developments

DateApproachDevelopment
May 2023ParticipationApplus+ participated in discussion forums and plays an important role in technological research, inspection, and monitoring of renewable energy infrastructures (biomass, biofuel, onshore and offshore wind energy, photovoltaic energy, and green hydrogen).
April 2023CollaborationEVARM, PreZero, and Applus+ IDIADA collaborated to develop a hydrogen-powered urban waste collection vehicle prototype.
March 2023AgreementApplus+ announced that it has signed an agreement to sell 100% of the non-destructive asset testing and inspection business and operations in the US that served primarily the oil and gas industry.
June 2022AgreementIntelligent Energy (IEL) and Applus+ IDIADA have signed an agreement to collaborate on Hydrogen Fuel Cell development projects for automotive applications.

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 1.7 Mn in 2020 to USD 2.2 Mn in 2022.
Applus+ — By Business Segment
Series (USD Mn)202020212022
Sales1.71.92.2

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