FRABA Sees Decrease In Revenue For 2024, Projecting Healthy Growth In 2025 - Manufacturing AUTOMATION
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FRABA Sees Decrease In Revenue For 2024, Projecting Healthy Growth In 2025 - Manufacturing AUTOMATION
May 30, 2025, Hamilton, N.J. — The FRABA Group, a manufacturer of sensors for industrial motion control applications, experienced a slight reduction of sales in 2024 but is positioning itself for future growth with investments in new technologies and business ventures. Revenues dropped to €43 from €46 million in 2023, with Christian Leeser, chief executive officer and majority shareholder explaining in a press release, “We saw a significant sale…
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