Wacker Neuson Group publishes full year figures 2024 – Profitability improvement expected in 2025

EQS-News: Wacker Neuson SE / Key word(s): Annual Report/Annual Results Wacker Neuson Group publishes full year figures 2024 – Profitability improvement expected in 2025 26.03.2025 / 07:00 CET/CEST The issuer is solely responsible for the content of this announcement. Wacker Neuson Group publishes full year figures 2024 – Profitability improvement expected in 2025

 

• Group revenue 2024 at EUR 2,234.9 million (-15.8 percent compared to the previous year)
• EBIT at EUR 122.5 million (-55.2 percent compared to the previous year) and
  EBIT margin at 5.5 percent after increasingly weaker course of the year
  (2023: 10.3 percent)
• Free cash flow increases significantly by the end of 2024 to EUR 184.6 million (2023: EUR -24.9 million)
• Net working capital ratio down to 31.7 percent (31. December 2023: 32.8 percent)
• Dividend proposal: EUR 0.60 per dividend-bearing share – corresponds to an attractive dividend yield of 4.1 percent of the year-end 2024 closing price
• Outlook fiscal year 2025: Incoming order intake has been positive since the beginning of the year. After a weak first quarter of 2025, revenue and EBIT are expected to improve increasingly over the course of the year
• Guidance 2025: Revenue in a range between EUR 2,100 million and EUR 2,300 million and EBIT margin in a range between 6.5 percent and 7.5 percent

 

Munich, March 26, 2025 – The Wacker Neuson Group, a leading manufacturer of light and compact equipment, published its Annual Report for the fiscal year 2024 today. The ongoing weak market environment weighed on the Group's revenue and earnings performance in the past fiscal year 2024. Full dealer stocks led to a lower order intake and a decline in revenue, which was particularly evident in the second half of the year. The Group’s revenue for the year amounted to EUR 2,234.9 million (2023: EUR 2,654.9 million). Earnings before interest and taxes (EBIT) amounted to EUR 122.5 million (2023: EUR 273.2 million), the EBIT margin was at 5.5 percent (2023: 10.3 percent). Revenue and EBIT margin were thus within the most recently guided ranges (guidance revenue: between EUR 2,200 million and EUR 2,300 million; guidance EBIT margin: between 5.5 and 6.5 percent).