Giesecke+Devrient Reports Strong Growth

Giesecke + Devrient (G+D) reported its highest revenue in the company’s history, with sales of €3.132 billion for 2024 surpassing its previous record of just under €3 billion in 2023. The company also reported incoming orders of €3.3 billion, again an all-time high, suggesting that the growth strategy is set to continue.

Organic revenue growth was 5% (6% at constant exchange rates). Operating profit (EBIT) of €187 million was a 6% improvement over 2023, and also a record. G+D, in its press release, stated that its future-proof portfolio proved to be a strong driver of business success in the challenging economic times.

G+D was founded in 1852 and today has a workforce of more than 14,000, and 123 subsidiaries and joint ventures in 40 countries.