Sick Grows by 7% in 2019

Bild: Sick AG

Sick AG increased its sales in fiscal year 2019 by 7% to 1,750.7 million euros (2018: 1,636.8 million euros). In addition to other measures to increase efficiency, the growth in sales contributed to a 13.1% increase in EBIT to 132.9 million euros. While demand in factory automation fell worldwide, Sick was able to gain market share in logistics and process automation. In Germany, revenues were slightly below the previous year with a change of -0.6%. The EMEA (+7.9%) and Americas (+7.6%) sales regions were significantly more stable. The Asia-Pacific region recorded the strongest growth at +11.3%.

Sick AG