Bertrandt AG 2024 AR2
The report details Bertrandt's performance during the challenging 2023/2024 fiscal year, marked by structural changes in the automotive industry and a decline in capacity utilization in Germany. Despite these headwinds, the company achieved record total revenues of EUR 1,186.884 million, driven by strong international business growth of 40%. However, EBIT fell to EUR -98.046 million due to extraordinary charges of EUR 101.211 million from the 'Fit for Future' earnings optimization program and asset impairments. To restore competitiveness, Bertrandt is expanding its international footprint and implementing restructuring measures to achieve annual savings of EUR 70-90 million.
Company: Bertrandt AG
Sector: Industrials
Country: Germany
Year: 2024
Type: AR2
Pages: 229
Bertrandt AG
Annual Report
The report details Bertrandt's performance during the challenging 2023/2024 fiscal year, marked by structural changes in the automotive industry and a decline in capacity utilization in Germany. Despite these headwinds, the company achieved record total revenues of EUR 1,186.884 million, driven by strong international business growth of 40%. However, EBIT fell to EUR -98.046 million due to extraordinary charges of EUR 101.211 million from the 'Fit for Future' earnings optimization program and asset impairments. To restore competitiveness, Bertrandt is expanding its international footprint and implementing restructuring measures to achieve annual savings of EUR 70-90 million.
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Document Details
Report Year
2024
Reporting Period
Oct 1, 2023 - Sep 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Women in Management
Net Zero Target
Employees