The LAPP Group has recorded an annual turnover of more than EUR 1 billion.

The turnover of the global market leader for integrated cable and connection technology solutions increased by 13.9 per cent to EUR 1,026.8 million in the financial year 2016-17.The number of employees increased by 9.6 per cent to 3,770. Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR 81 million (compared to EUR 66.8 million the previous year).

The company is still on the right track in the eyes of Chairman Andreas Lapp: “Our customers appreciate our tailor-made solutions, while our highly motivated employees will also continue to provide vital new stimuli in the course of the current financial year. We are well equipped for the future.”

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