Annual Report 2024

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Creating tomorrow’s solutions

Biosolutions

Sales for 2024 at Biosolutions were up 11.2 percent to €374.9 million (2023: €337.2 million). The positive trend was bolstered primarily by growth in its biopharmaceutical business. From a regional perspective, sales increased considerably in Asia and Europe, whereas they remained stable at the prior-year level in the Americas.

EBITDA of €35.1 million was markedly higher than the year before (2023: €6.5 million). The EBITDA margin was 9.4 percent (2023: 1.9 percent).

Capital spending fell compared to the previous year, down from €155.5 million in 2023 to €49.3 million in 2024. The division’s investment focus was on its new mRNA Competence Center in Halle, which was opened in June. The number of employees as of December 31, 2024, totaled 1,189 (December 31, 2023: 1,191).

Key data: Biosolutions

€ million

 

2024

 

2023

 

2022

 

2021

 

2020

 

 

 

 

 

 

 

 

 

 

 

Total sales

 

374.9

 

337.2

 

331.1

 

296.4

 

246.1

EBITDA

 

35.1

 

6.5

 

16.7

 

38.6

 

38.1

EBITDA margin (%)

 

9.4

 

1.9

 

5.0

 

13.0

 

15.5

EBIT

 

-17.1

 

-20.1

 

-4.7

 

20.7

 

21.6

Capital expenditures

 

49.3

 

155.5

 

102.6

 

33.5

 

19.9

R&D expenses

 

9.6

 

5.5

 

4.8

 

5.6

 

5.7

Employees (number as of Dec. 31)

 

1,189

 

1,191

 

835

 

751

 

764