G+D Reports One of Best Years in History

Giesecke+Devrient has described 2021 in financial terms as one of the most successful in its history. Sales of €2.38 billion were a 2.8% improvement on the previous year and almost back at the pre-pandemic levels of 2019. Earnings before interest and tax (EBIT) increased by just under 27% to €166.9 million – the best result in the company’s history to date. Net income doubled to €85.2 million.

Capital expenditure for the year was 10.2% lower at €86.5 million, but expenditure on research and development increased by 17.2% to €118.4 million, demonstrating – said G+D – continued commitment to driving the company’s transformation and expanding the digital business.

The company is also stepping up its efforts to implement a sustainable, climate-friendly business model and act responsibly towards the environment and wider society.