Giesecke+Devrient Reports Strong Growth

Giesecke + Devrient (G+D) reported its highest revenue in the company’s history, with sales of €3.132 billion for 2024 surpassing its previous record of just under €3 billion in 2023. The company also reported incoming orders of €3.3 billion, again an all-time high, suggesting that the growth strategy is set to continue.

Organic revenue growth was 5% (6% at constant exchange rates). Operating profit (EBIT) of €187 million was a 6% improvement over 2023, and also a record. G+D, in its press release, stated that its future-proof portfolio proved to be a strong driver of business success in the challenging economic times.

G+D was founded in 1852 and today has a workforce of more than 14,000, and 123 subsidiaries and joint ventures in 40 countries.

The business is divided into three segments – Digital Security, Financial Platforms and Currency Technology – across which the so-called SecurityTech group offers integrated security technology that closely links digital and physical solutions. This portfolio, says the company, enables it to strengthen the trust of citizens and consumers in the digital age and is actively shaping the digital transformation of society.