ORAFOL reports excellent sales & employment growth in FY 2024

In the 2024 financial year, sign and dafety materials manufacturer ORAFOL achieved good sales growth, recording annual revenues of €883 million. Along with this are acquisitions, more jobs and branches and a €60 million (AUD$98.7 million) investment in new plant and production at the Orienberg, Germany, site. The company strengthened its global presence through several strategic initiatives, including the acquisition of M.A.M, the Belgian specialty film manufacturer Group Michiels Advanced Materials, the establishment of ORAFOL Namibia and the further expansion of ORAFOL South Africa.

Currently, ORAFOL operates with 17 subsidiaries across 30 locations worldwide. The company has additional expansion projects planned for the current financial year. At its headquarters in Oranienburg, ORAFOL is investing €60 million in the ongoing investment cycle, which runs through 2027. It’s a remarkable success story since ORAFOL emerged from years of communist control in East Germany, to become one of the world’s foremost manufacturers of filmic materials used in signage, road & vehicle markings (reflective), POS, Displays and now Solar control materials.