The Würth Group reported sales declined 0.9% to EUR 20.2 billion in 2024, while operating result dropped to EUR 900 million.

The persistently weak economic situation, particularly in the manufacturing industry, had a major impact on the Würth Group’s sales in 2024.

“Given the economic and political conditions, I am pleased to report that the Würth Group was able to maintain its sales level of EUR 20 billion,” says Robert Friedmann, Chairman of the Central Management Board. This development was primarily driven by the trade-related areas, which showed a stable sales trend.

“In 2024, we stuck to our countercyclical strategy and invested when others scaled back. Our focus is on keeping goods available and maintaining our delivery readiness for our more than four million customers worldwide,” Friedmann said.

In Germany, the Würth Group’s domestic market, Group sales fell 4.1% to EUR 8 billion.

The companies outside Germany were able to achieve slight sales growth due to acquisitions, among other things. The regions Southern Europe, Eastern Europe, and South America received special mentions.

Currently, Würth has 88,393 employees worldwide, with 44,900 employees working in sales. Around 1,900 employees joined the company through acquisitions.