DEKRA Navigates Challenges and Achieves Growth During Turbulent Times

DEKRA's Resilient Growth in 2024

In a year marked by significant economic and geopolitical challenges, DEKRA, a renowned leader in testing, inspection, and certification, has demonstrated remarkable resilience and adaptability. The company reported a 4.7% increase in global revenues, totaling 4.29 billion euros, while its core business, excluding temporary work, surged by 7%. This growth trajectory is a testament to DEKRA's strategic vision and robust operational framework.

Financial Highlights

DEKRA's financial performance in 2024 signals a positive trend amid global turbulence. EBIT (Earnings Before Interest and Taxes) climbed by 4.2% to reach 266 million euros, and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw an encouraging rise of 5.4%, hitting 480.1 million euros. These figures illustrate not only stable profitability but also the effectiveness of the company's initiatives to streamline operations and respond proactively to market fluctuations.

Furthermore, DEKRA’s commitment to investing in human resources has been evident as the company’s workforce expanded significantly during the year. The addition of 800 employees pushed DEKRA's total to approximately 33,000 experts globally, fortified by a wider network of about 48,000 professionals contributing to its operations worldwide.

Strategic Adaptations

At the core of DEKRA's successful year is its forward-looking business strategy. The company has focused on critical megatrends that define the future of mobility, sustainability, cybersecurity, and artificial intelligence, as outlined in its 'Strategy 2025'.

According to DEKRA's CEO, Stan Zurkiewicz, the company’s ability to navigate through uncertainties is largely due to its comprehensive approach to integrating modern technology and innovative practices. This strategy not only secures immediate growth but also positions DEKRA as a frontrunner in the transition towards digital and software-defined mobility.

“Thanks to our future-oriented business model, we maintained robust revenue growth in another year filled with economic challenges. Our strategic focus has been instrumental to our success, allowing us to adapt swiftly to changing conditions,” Mr. Zurkiewicz stated at the Annual Press Conference held at DEKRA's headquarters in Stuttgart, Germany.

Workforce Expansion and Resilience

The commitment to staff development is underscored by DEKRA's CFO Wolfgang Linsenmaier, who noted, “Our people are our greatest asset. We're proud to continue our growth in the workforce even during turbulent times, which reflects the strong foundation of DEKRA’s business model.” This approach reinforces DEKRA's dedication to maintaining a skilled workforce that can meet the evolving demands of the industry.

As DEKRA approaches its 100th anniversary in 2025, the company's dedication to innovation and growth remains unwavering. With a solid financial foundation and a clear strategic direction, DEKRA is poised to leverage its legacy while simultaneously adapting to future market demands.

Conclusion

In summary, DEKRA's performance in 2024 showcases a blend of strategic foresight and unwavering commitment to excellence. As the company embarks on its centennial year, it stands ready to embrace new challenges and opportunities in the evolving landscape of testing, inspection, and certification. This proactive approach not only serves as a beacon of sustainability but also solidifies DEKRA's position as a key player in shaping the future of mobility and safety standards worldwide.