Freudenberg's sales and profits will double in 2022

Recently, the Freudenberg Group announced that the company has maintained resilience in a difficult environment, and that both sales and profits will grow for the full year in 2022. In 2022, the company's sales will exceed 11.7 billion euros (an increase of 17%), and its operating profit will reach 940 million euros (an increase of 7%), of which sales in Greater China will reach 10.22 billion yuan.

In 2022, in the Greater China market, the new plants of Vibaco and Enfu (China) under the Freudenberg Group will be put into use in Chongqing and Changchun; Bo Lubricant will further invest in local research and development to enhance the company's innovative research and development capabilities in the Chinese market.

Freudenberg CEO Dr. Soy said: "So far, we have coped well with the current challenges. Freudenberg is profitable and growing. We are investing heavily and working hard to promote the energy transition; commercial success Enables us to invest in the future of the company, including research and development, machinery and equipment, and future technologies; we are driving energy transition. On the one hand, we expand the business of power batteries and fuel cells; on the other hand, we have established the goal of achieving carbon neutrality by 2045 ambitious goals."