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Lapp Group improves its performance considerably

By Niranjan Mudholkar,

Added 21 March 2017

Higher turnover, increased profit, more employees

Successful human resources policy
U.I. Lapp GmbH won first place in the corporate competition "Family as a success factor" in the category "Medium-sized enterprises" in June 2016. The prize is awarded by the German Federal Ministry for Family Affairs, Senior Citizens, Women and Youth. More than 400 companies throughout Germany had applied for the award by providing information on their measures and concepts for balancing work and family life.

Alongside the numerous flexible working time models, decisive points for the victory were mainly measures such as family-friendly shift schedules with a shift exchange platform in the logistics departments, programmes to stay in contact and re-entry programmes for parents on parenting leave, a consultation workshop on care topics, training employees to be care guides, as well as the numerous healthcare offers. Another key factor is the permanent awareness of the managers to run the company in a "family-friendly and health-oriented" manner.

A further guarantee of the future-oriented human resources policy at Lapp is the apprenticeships. Lapp is currently training 61 young people in Germany in eleven professions and courses of study at the Cooperative State University. In addition, the Lapp Group also offers entry qualifications in cooperation with the Chamber of Industry and Commerce as preparation to becoming a machine and equipment operator, or to become a warehouse specialist or IT specialist. Among others, 12 refugees from Eritrea, Cameroon, Syria, Afghanistan, Kosovo, Somalia and Iran are using this opportunity.   

"The success story of the Lapp Group can only continue when the focus is on the people," says Member of the Board for Human Resources Dr. Hilmar Döring. A group-wide personnel development concept was conceived to provide the right programme for further development for different target groups. The aim is to further increase the number of managers from within the company.

Positive outlook for the current financial year
The Lapp Group is expecting a slight turnover growth for the current financial year 2016/2017, too. Turnover increases are expected above all in Europe. The company believes the purchase in October last year of the Italian company CEAM Cavi Speciali, one of the leading manufacturers of data cables for special industrial applications, will provide important impetus.

With this purchase, Lapp is looking to strengthen its position as market leader in industrial data transfer systems. Andreas Lapp: "We have put everything on the right track to secure sustainable growth for our company and customers over the next few years, despite the increased social and political tension."

END