Piab Group - the worldwide frontrunner in industrial automation solutions

Activities during Q2, 2024

• Organic sales increased by 2 percent in constant currency. Lifting Automation contributed to growth while Vacuum Automation was stable, and Vacuum Conveying declined. Regionally, Americas and APAC contributed to growth while EMEA declined.
• The EBITA margin decreased, driven by expenses related to strategic projects and the commercial organization, as well as negative currency impact.
• piCOBOT® Electric was launched, which is Piab's first electric decentralized 24-volt vacuum pump, designed to work without need for compressed-air infrastructure.

Piab Group in facts

3 bn SEK turnover
1200+ employees
25+ sales offices throughout the world
900+ partners globally
4 divisions
100 countries presence
HQ in Danderyd, Sweden