Lapp Group records growth in Asia
The company is reporting sales of over 1.9 billion euros for the 2025 financial year, compared to 1.8 billion euros in the previous year.
Lapp is showing a particularly strong growth trend in Asia, including India, China and South Korea. This region is becoming increasingly important, while Europe continues to account for the largest share of global sales, but is burdened by rising costs and a weak economy. In America, LAPP is defying customs policy uncertainties with solid growth. CEO Matthias Lapp emphasizes the advantages of the internationalization strategy and sees great potential in Latin America and Asia.
Despite challenges in Europe, the company remains optimistic for the current 2026 financial year and expects further growth in Asia and America. Lapp employs around 5,700 people worldwide and focuses on future-oriented industries such as renewable energies and data centers.
