Sieb & Meyer increases annual turnover by 55 percent in 2024
The company is growing significantly despite difficult conditions
In the 2024 financial year, Sieb & Meyer AG recorded a 55 percent increase in sales to 55.7 million euros, despite challenging global economic conditions in the tool and special machine construction industry. The main drivers of this success were the innovative CNC controls, in particular due to strong demand in the Chinese market for printed circuit board drilling and milling machines.
The company plans to continue this positive trend with new product generations such as the CNC 95.00 drilling control, the CNC 93.00 milling control and the efficient drive controllers of the SD4x series. CTO Torsten Blankenburg emphasizes the company's innovative strength and market strategy as the key to its success and is committed to further expansion through technological innovations and customer orientation.
Company
Sieb & Meyer AGAuf dem Schmaarkamp 21
21339 Lüneburg
Germany
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