LAPP Group reported sales of EUR 1.93 billion in fiscal year 2025, driven by double-digit growth in Asia-Pacific and the Americas. India, China and South Korea were identified as key growth drivers, helping the company offset weaker business conditions in Europe and stabilise performance after a decline in the previous year.
The Stuttgart-based company achieved overall growth of around six percent in the year ended 30 September 2025. Growth in Asia and the Americas compensated for continued challenges in Europe, including rising costs, bureaucracy and a weak economic environment.
LAPP expanded its operations in India with the opening of a new factory for connectivity accessories in Dharuhera. In China, the company acquired a circular connectors specialist in Dongguan City near Shenzhen and invested in new production lines at its plants near Shanghai. In Brazil, LAPP purchased a connectivity technology company in São Paulo to strengthen its presence in South America.
“Our growth in Asia and America is helping LAPP through difficult times in our European home markets,” said Matthias Lapp, CEO of LAPP Group. He added that the general conditions in Europe and Germany remain challenging and that the company will optimise costs, processes and structures, particularly in Germany.
In the Asia-Pacific region, LAPP recorded strong double-digit growth in fiscal year 2025. India, China and South Korea were cited as the main contributors, with additional positive performance in markets such as Mexico, Brazil and Canada across the Americas. The company reported particularly strong demand from sectors including intralogistics, battery storage, infrastructure and food production.
In the Europe, Middle East and Africa region, which accounts for the largest share of total sales, LAPP recorded slight growth in the low single-digit percentage range. However, the company indicated that profitability in the region remains under pressure. The harnessing business, including engineering services and customised assembly solutions, showed positive development.
LAPP invested approximately EUR 56 million in fiscal year 2025, compared with EUR 66 million in the previous year, focusing on supply chains and new technologies. It also introduced connectors made from corn starch-based bioplastic and developed bio-based versions of its SKINTOP cable glands.
LAPP India Private Limited, a wholly-owned subsidiary of LAPP Group, entered the Indian market in 1996 and now operates three manufacturing plants and five harnessing facilities across the country. Its facilities in Jigani, Bengaluru; Pilukhedi, Bhopal; and Dharuhera, Haryana, together produce connecting and control cables, single-core building wires and customised cable accessories, with combined annual output exceeding 150,000 km of specialised cables. The Pilukhedi site is being expanded to become the group’s largest manufacturing plant globally, while the Dharuhera unit, inaugurated in September 2025, focuses on proximity to customers in North India.
Products manufactured in India include power and control cables under the ÖLFLEX range, UNITRONIC and ETHERLINE systems for industrial Ethernet and fieldbus applications, solar cables and connectors, and industrial components such as SKINTOP cable glands, SILVYN protective conduits and EPIC industrial connectors.
The Indian operations serve as an export hub, shipping to more than 152 countries. Approximately 60 percent of the products sold in India are designed and manufactured locally.
LAPP Group is a family-owned company headquartered in Stuttgart, Germany, providing integrated solutions and branded products in cable and connection technology.
