Technology Group grows China sales by more than 1 billion CNY in 2017 Freudenberg posts another year of sustainable growth through ground-breaking innovations and future-oriented portfolio management

摘要

The worldwide technology group Freudenberg has continued its good business development despite challenging economic conditions.In 2017,the global technology group with German roots boosted sales to€9.3 billion or CNY 71,547 million.That constitutes a rise of 18.3 percent over the previous year.The future-oriented nature of the Group is evident from the fact that about one third of sales is earned with products introduced less than four years ago.Freudenberg’s business in Greater China also performed strongly,with sales growing by some 15%to CNY 8.3 billion.The rise in sales is the result of continuous investments in existing and new projects,the market success of the Group’s innovative products in China and its contribution to China’s sustainability targets.“Both operationally and strategically,2017 was a successful year for Freudenberg,”said Dr.Mohsen Sohi,CEO of the Freudenberg Group,at the press conference in Beijing.“We are well on our way to being one of the most innovative and efficient technology companies.”The Group aims to further balance its portfolio towards generating onethird of sales each in Asia,the Americas and Europe.“The Chinese market plays a key role in our existing and future operations,and our diversified and innovative portfolio caters to the demands of China’s industry,while at the same time supporting the goals of the current Five-Year Program.”Freudenberg has been supporting Chinese customers for more than 100 years.