Freudenberg Group reports strong 2024 performance, strengthening its commitment to sustainable growth in India
Apr 03, 2025
Bengaluru (Karnataka) [India], April 3: Freudenberg Group, a global technology conglomerate, has announced record growth in revenues and operating profits for the financial year 2024. The company achieved sales of EUR11,947.5 million, which is a 0.4 percent increase compared to last year (EUR11,902.8 million). However, exchange rate changes had a negative effect of EUR76.9 million on sales. Operating profit grew by about 4.7 percent, reaching EUR1,132.4 million, up from EUR1,081.6 million last year. This growth is largely due to the company's innovative products and its strategic expansion into key markets, especially in areas like medical technology and the energy sector.
