Freudenberg Group sales rise 5.5% in 2012

Current developments

The market environment for the Freudenberg Group remains challenging in 2013. European countries in particular continue to be severely affected by the financial and debt crisis. The company expects to see the situation in the key sales markets of Italy and Spain deteriorate. In contrast, the BRIC countries will drive the global economy.

Business development in the first half of 2013 will be satisfactory as a result of the good order situation in almost all Business Areas, combined with the anticipated generally stable economic trend.

The company expects to see noticeable growth momentum in the second half of the year, particularly in the mechanical engineering sector. “We anticipate strong growth in China, an important sales market for Freudenberg, with India and Brazil picking up considerable speed and the USA generating stable growth,” Mohsen Sohi underscored. The company expects to see minimal growth in the eurozone. Freudenberg remains cautiously optimistic.

Risks relating to the company’s performance in 2013 arise from the high volatility of raw material prices and the availability of raw materials as well as lower contribution margins as a result of changes in the product mix. The Freudenberg Group is responding to this with a further increase in productivity, the use of substitute raw materials, and targeted purchasing initiatives.

About the Freudenberg Group

The Freudenberg Group is a family company offering its customers technically challenging product solutions and services. The Group develops and manufactures seals, vibration control components, filters, nonwovens, products for surface treatment, release agents and specialty lubricants, medical and mechatronic products. And especially for mid-size companies Freudenberg develops software solutions and IT services.

Freudenberg Group