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

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