Another strong year Freudenberg reports growth in 2015

摘要

DETROIT—Freudenberg S.E. is growing again. The Germany-based conglomerate reported sales growth for the sixth straight year, according to CEO Moshen Sohi. Freudenberg reported record revenue and record profitability in 2016. He added that some market segments had difficult conditions, mainly oil and gas, along with the South American region facing economic challenges. The executive and other members of the group's management team disclosed the privately-held firm's financial results during a media event in Detroit on April 13.