HÖRMANN Industries GmbH (corporate bond, ISIN: NO0012938325) today published its annual financial statements for 2024. In the 2024 financial year, the HÖRMANN Group generated revenue of € 678.9 million (previous year: € 830.9 million) and earnings before interest and taxes (EBIT) of € 24.3 million (previous year: € 30.7 million). While the Automotive and Intralogistics divisions had to cope with significant declines in sales due to the challenging economic conditions, the Communication division in particular once again performed very positively. Earnings before interest, taxes, depreciation and amortization (EBITDA) fell slightly to € 40.3 million (previous year: € 44.5 million). The 2024 financial year closed with consolidated net income of € 9.2 million (previous year: € 9.5 million).