
Piab Group - the Worldwide Frontrunner in Industrial Automation Solutions

Activities during Q4, 2024
- Organic sales increased by 7 percent in constant currency with growth in all divisions and regions, with particularly strong contribution from Lifting Automation supported by the recently launched container unloader for logistics applications.
- The EBITA margin improved, driven by operating leverage and positive currency impact. The corresponding quarter last year was impacted by investments in digital and commercial initiatives.
- Within Vacuum Automation, the new component piGRIP® Flexible Level Compensator, was launched. The component provides extra flexibility to existing suction cups by adapting to a wider range of angles and levels.
Piab Group in facts
- 3 bn SEK turnover
- 1400+ employees
- 25+ sales offices throughout the world
- 900+ partners globally
- 4 divisions
- 100 countries presence
- HQ in Danderyd, Sweden
