Hoffmann Green 2024 annual results: solid commercial and financial performance
17 March 2025
Hoffmann Green reviews its activities and announces its annual results for 2024. The company’s Supervisory Board met on 14 March 2025 to review the financial statements for the year ended 31 December 2024 as approved by the Executive Board. The audit procedures have been carried out and the audit report relating to certification is in the process of being issued.
- Sales doubled in 2024 to €13.2m (€6.0m in 2023)
- Acceleration of international development: signing of licensing agreements in the United States, the United Kingdom and Ireland
- Order book up 20% to 360,000 tonnes
- Significant improvement in profitability profile: EBITDA 2024 at € -0.7m vs. € -5.2m in 2023
- Solid financial structure: shareholders’ equity of €62.5m and cash position of €16.5m
- A good start to 2025: strong business growth and major industrial, commercial and regulatory achievements