31 percent more sales, 10 percent more employees The Executive Board of Lapp Holding SE (from left to right): Jan Ciliax, Matthias Lapp, Georg Stawowy and Dr Christoph Hiller. Stuttgart, March 2, 2023 – Despite geopolitical and economic challenges, the Lapp Group has once again successfully completed the past fiscal year 2021/2022 (October 1 to September 30). Sales of the global market leader for integrated solutions in the field of cable and connectivity technology climbed by 31.0 percent to 1,864 million euros. The number of employees increased by 10.2 percent to 5,055 worldwide as of the reporting date September 30, 2022. Earnings before taxes (EBT) increased to 132.9 million euros. “We have turned over a new leaf at LAPP and positioned our company to be robust and fit for the future in a difficult environment. At the core of our transformation are the continuous strengthening of our innovative power, a special […]
Marketing Tectank
What is a frequency converter and what is it required for? The introduction of frequency converters into industrial plants began in the early 1970s. Until then, it was only possible to operate electric motors directly on the grid and thus at defined speeds. If an electric motor, e.g. an asynchronous machine, is operated directly on the grid (50Hz), a fixed speed is set, known as the nominal speed, based on the grid frequency and the pole number of the motor. In the past, where different speeds were required due to the application, mechanical gears were used. Some readers may remember what was known as the “delta changeover”. This was used to limit the power of the motor at the moment it is switched on in the case of directly operated motors. What do variable motor speeds have in common with energy savings? The option of continuously adjusting the motor speed […]
