2024 Financial Year: Koehler Group Continues to Hit High Revenue Levels Despite Extraordinarily Challenging Conditions

As a global company, the Koehler Group is highly dependent on both regional and global economic conditions. Once again, these conditions were significantly affected by political and economic uncertainty in the 2024 financial year. Nevertheless, the Koehler Group held up well again under very challenging market conditions in a highly competitive environment. Revenue in the 2024 financial year came in at 1.091 billion euros (in comparison to 1.143 billion euros the previous year). Both the company’s paper and renewable energy business segments contributed to this total, with the corresponding paper sales volume hitting 490,889 metric tons of paper (in comparison to 480,651 metric tons the previous year). At the end of the 2024 financial year, the Koehler Group employed 2,514 people (in comparison to 2,464 the previous year) at its sites worldwide.

Export share of 66% makes energy costs for paper and board a serious competitive disadvantage

Kai Furler, CEO of the Koehler Group, emphasized: “Despite persistent weak demand, we were able to keep revenue at a high level last year. However, we remain worried about the high energy costs for the products we make in Germany, as they represent a serious global competitive disadvantage for us.” For some time now, the Koehler Group has been asking for competitive industrial electricity prices of less than 10 cents per kWh so as to be able to ensure not only job security, but also the ability to keep its sites at their current locations.“

High equity ratio and an intergenerational mindset ensure dependability

As an extraordinarily solid family business with an equity ratio of 48.9% (2023: 52.4%) against the backdrop of an increased balance sheet total, the Koehler Group can weather even economically challenging periods. The expectation is that the long-term goal of reaching an equity ratio greater than 50% again will be met by 2026 at the latest, something that a healthy financing structure and the success of the last financial years certainly help with.