Freudenberg reports on 2017 results: sales jump by 22% on acquisitions and 4% organic growth
DETROIT, April 18, 2018-
The Freudenberg Group continued its steady, profitable growth, ending 2017 with sales of $10.6 billion (€9.3 billion); an increase of some 22 percent over 2016 in dollars. The sharp increase in sales is attributable both to solid organic growth (4 percent) and effects from acquisitions.
“Steady year-on-year investments in North America have allowed our businesses to increase capacity, purchase new equipment and make other improvements necessary to meet customer expectations”
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