Wacker Neuson SE 2024 AR2
The report highlights Wacker Neuson Group's performance in the fiscal year 2024, which was characterized by a challenging market environment in the construction and agricultural sectors, leading to a 15.8 percent revenue decline to EUR 2,234.9 million. In response, the company implemented the 'Fit for 2025' cost-cutting and efficiency program, which successfully reduced net working capital and improved free cash flow to EUR 184.6 million. Wacker Neuson also advanced its Strategy 2030, launching new product innovations with a focus on sustainability and electrification, including a new generation of battery-powered rammers and electric compact equipment. Additionally, the company expanded its global spare parts supply by opening a new 55,000-square-meter logistics center in M%lheim-K%rlich.
Company: Wacker Neuson SE
Sector: Industrials
Country: Germany
Year: 2024
Type: AR2
Pages: 216
Wacker Neuson SE
Annual Report
The report highlights Wacker Neuson Group's performance in the fiscal year 2024, which was characterized by a challenging market environment in the construction and agricultural sectors, leading to a 15.8 percent revenue decline to EUR 2,234.9 million. In response, the company implemented the 'Fit for 2025' cost-cutting and efficiency program, which successfully reduced net working capital and improved free cash flow to EUR 184.6 million. Wacker Neuson also advanced its Strategy 2030, launching new product innovations with a focus on sustainability and electrification, including a new generation of battery-powered rammers and electric compact equipment. Additionally, the company expanded its global spare parts supply by opening a new 55,000-square-meter logistics center in M%lheim-K%rlich.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 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
Emissions
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Energy Consumption
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees