German SICK Briefing

As a global leader in industrial sensors and solutions, SICK Group's 2024 annual report condenses key information on the company's strategic layout, annual dynamics and financial performance. Wuhan Jullixin focuses on SICK's core business positioning and long-term strategic direction, sorts out the major business adjustments and layout actions from 2024 to 2025, and deeply analyzes the financial data and operating conditions of the fiscal year 2024.

Company Profile
Establishment and Headquarters: Founded by Dr. Erwin Sick in Vaterstetten near Munich in 1946, currently the headquarters of SICK AG is located in Waldkirch near Freiburg, Germany, responsible for group management.

Core business: Development, production and sales of sensors and sensor solutions, providing solutions for almost all industries and applications.

Group Composition and global layout: SICK AG is the parent company. In the fiscal year 2024, the group consists of 63 subsidiaries, among which 53 subsidiaries together with SICK AG are included in the consolidated financial statements. With over 11,000 employees worldwide, its main production bases are located in Germany, Malaysia, Hungary and the United States.
SICK is one of the world's leading providers of industrial sensor application solutions
Strategic priorities
Innovation and technological Leadership: Ensure diversity and innovation capabilities through internal entrepreneurship, investment in disruptive ideas, and annual transfer of start-up projects to operational departments. The goal is to leverage expertise to quickly take advantage of the benefits of Industry 4.0 and industrial AI, providing customers with additional value in data utilization.
Global market expansion: The main sales markets are industrialized countries and growth regions on the verge of industrialization. Expand regional coverage by establishing new sales companies and continuously maintaining a global distribution network.
"Smart Manufacturing and Procurement" strategy: Enhance the resilience of the value chain, define secondary suppliers to handle key components, adopt self-made and outsourced strategies for particularly critical production processes, replicate production lines in a global network and be close to customers, and address risks such as production and logistics disruptions. Sustainable development and social responsibility: Committed to enhancing the company's value in the long term, we incorporate the consideration, assessment and utilization of opportunities and risks as part of a sound corporate policy.