Thanks to digitization and the copper priceLapp cracks the billion mark in sales
An increase of 14%: Cable manufacturer Lapp achieved sales of more than one billion euros in the past financial year for the first time in the company's history.
© Lapp
The figures at a glance:
The cable manufacturer's sales increased in the 2016/17 financial year (October 1 to September 30) by 13.9% to
(October 1 to September 30) by 13.9% to EUR 1,026.8 million, while earnings before taxes improved by 29.4% to EUR 55.5 million. The number of employees rose by 9.6% to 3,770. The equity ratio as a percentage fell by 1.5%.