Record Order Book and a Strong Performance from G+D

Giesecke+Devrient (G+D)’s 2025 results detail its strong order intake for the year, a record at €3.6 billion, highlighting its strong growth prospects in providing SecurityTech for mission critical infrastructure.

2024’s revenue was a record at €3.132 billion, and in 2025 G+D increased this by 1% to €3.17 billion, although exchange rates dampened growth. Order intake was up 8% and adjusted EBIT was up 13% year-on-year to €211 million. Given that cash is king, free cash flow was a substantial €119 million.

G+D is built around three business units, Digital Security, Financial Platforms, and Currency Technology. Revenue was up 7.9% for Digital Security to €1.16 billion, down 6.9% to €889.3 million for Financial Platforms, and up 2.1% for Currency Technology to €1.22 billion.