SICK Invests in Industrial AI for Automation – Innovative Strength & Cost Management Secure Profitability in Challenging Business Year 2024
Innovation, customer focus and active cost management: SICK, an international provider of sensor-based automation solutions headquartered in Germany, set these focus points and achieved a solid result in the challenging business year 2024. Sales and EBIT decreased, while investments in research and development remained high. In a difficult market environment, SICK performed robustly and was able to further expand its position for Industrial AI on the global automation market. The 2024 financial year was marked by a difficult industrial economic development. Ongoing local crises and geopolitical uncertainties, protectionist measures and the threat of higher import tariffs put the industry under pressure. The global automation market also developed slowly and the anticipated recovery in mid-2024 failed to materialize.

