Annual Report

Overview

The report describes a difficult 2024 for Cherry, with consolidated revenue of EUR 110.4 million and a group net loss of EUR 45.5 million. Digital Health & Solutions grew revenue by 32.3% to EUR 30.5 million, partly offsetting declines in the other segments. The Group implemented restructuring measures, including transferring MX2 switch production to China, while total Group employees fell to 420. The report also highlights significant liquidity and going-concern risks.

Document

Report type: Annual Report
Class: Financial
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Publication date: 30 May 2025
Language: English
Pages
File size

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