This Research Note examines WAGO Group, a German supplier of electrical interconnection technology and automation products for buildings and factories. We analyze their 2025 financial highlights and growth strategy in the building automation business in 2026. This article updates our coverage of WAGO from September 2024. WAGO Profile The company addresses various market segments and applications, including industry, railway and energy technology, the marine and offshore sector, and building and lighting technology. Founded in 1951 and headquartered in Minden, WAGO has around 9,000 employees (of which 4,400 are based in Germany), 9 production sites, 20 sales companies, and representatives in over 80 countries. 2025 Financial Highlights In the 2025 fiscal year, the WAGO Group achieved an 8.1% increase in revenue over the previous year to EUR 1.34 billion. Their strongest revenue driver was the electrical interconnection technology business. Automation technology saw the strongest relative growth. Successful national and international projects in building automation, building installation, […]
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