Giesecke+Devrient Continues Strong Growth Trajectory

The SecurityTech company G+D continued its growth path in the past fiscal year 2024. The company generated revenue of EUR 3.132 billion, achieving organic revenue growth of five percent compared to the previous year, or six percent at constant exchange rates. In the previous fiscal year 2023, the G+D Group achieved sales of just under three billion euros for the first time and thus already delivered significant growth momentum.

G+D's earning power also reached a new peak. Adjusted earnings before interest and taxes (EBIT)* increased by 6% to 187 million euros. Free cash flow improved to over 200 million euros. The company's order intake suggests that this growth trajectory is set to continue, amounting to a record volume of 3.3 billion euros.

Future-proof portfolio guarantees success

G+D's future-proof portfolio proved to be a strong driver of business success in challenging economic times. Across its three segments – Digital Security, Financial Platforms and Currency Technology – the SecurityTech Group offers integrated security technology that closely links digital and physical solutions. With this portfolio, the company strengthens the trust of citizens and consumers in the digital age and is actively shaping the digital transformation of our society. 

The twin transformation – combining and simultaneously implementing the digital and sustainable transformation of society – remains a central component of the company's strategy. In the G+D Transition Plan, the company outlines its path to achieving global net-zero emissions by 2040. The short- and long-term climate targets of this plan were validated by the Science Based Targets initiative (SBTi ) in the 2024 fiscal year.

From its strong foundation, G+D is also continuously working to improve its profitability, optimize processes and leverage synergies. At the same time, G+D is making targeted investments in its IT infrastructure and portfolio. The company is utilizing cutting-edge technologies like artificial intelligence (AI) to streamline internal processes, expand its customer offering and fuel continued business growth.

Confident outlook for 2025

G+D continued its successful corporate development in the 2024 fiscal year. With its three robust segments and resilient portfolio, the SecurityTech Group is well positioned for the future. The company is, therefore, confident about the 2025 fiscal year and anticipates continued sales growth.

"Our strategic transformation is yielding positive results. We are continuing our growth story and will also continue to make targeted investments. SecurityTech is one of the major growth industries of the future," explains Ralf Wintergerst, Chairman of the Management Board and Group CEO of Giesecke+Devrient. "We are continuing to evolve as a SecurityTech company and are expanding our leadership in the areas of Digital Security, Financial Platforms and Currency Technology. With our innovative solutions, we shape trust in digital processes and make the lives of billions of people more secure."

*EBIT adjusted for special items.

About Giesecke+Devrient

Giesecke+Devrient (G+D) is a global SecurityTech company headquartered in Munich, Germany. G+D makes the lives of billions of people more secure. The company shapes trust in the digital age, with built-in security technology in three segments: Digital Security, Financial Platforms and Currency Technology.

G+D was founded in 1852 and today has a workforce of more than 14,000 employees. In the fiscal year 2023, the company generated a turnover of 3 billion euros. G+D is represented by 123 subsidiaries and joint ventures in 40 countries.

Further information: www.gi-de.com