Würth Reports Sharp Profit Decline and Cautious Outlook for 2025

The German assembly and fastening company saw a 35% drop in operating profits for 2024, citing weak industrial demand and rising costs.

Würth's 2024 operating profit fell to €900 million, a 35% decrease from €1.4 billion in 2023, driven by declining sales and increased costs.
Revenue dropped by 0.9% to €20.2 billion, with the German market experiencing a 4.1% decline, though international sales showed modest growth due to acquisitions.
Sectors like automotive repair and e-commerce performed well, while construction and manufacturing industries continued to struggle amid broader economic challenges.
Würth plans for single-digit revenue growth in 2025 but remains cautious, citing uncertainty about a broader economic recovery in Germany and globally.
Founder Reinhold Würth stepped back from leadership, passing control to his grandson Benjamin Würth as the company focuses on digital investments and strategic global expansion.