Overview

• 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.