INDUS Holding AG Sees Promising Mid-term Growth Despite Current Challenges

INDUS Holding AG has presented its financial results for FY24 and its forward-looking plans up to 2030. The company announced a 4.5% decline in sales to €1.72 billion due to macroeconomic challenges, especially impacting the construction sector. Despite these hurdles, INDUS aims to achieve ambitious growth targets for the coming decade.

The firm plans to reach €3 billion in sales and €330 million in adjusted EBITA by 2030, with significant expected contributions from both organic growth and acquisitions. In response to sluggish domestic investments, INDUS intends to expand its geographic reach for mergers and acquisitions, focusing on Europe and North America.

In FY24, regional sales dwindled in Germany and the EU, but showed a slight uptick in other countries. The company remains optimistic about its FY25 guidance, anticipating sales between €1.75 billion and €1.85 billion, supported by recent acquisitions.