Another milestone.
The HOERBIGER Yearbook 2024/2025
We are proud of what we have achieved.
And ready for what comes next.
We see the glass as half full because we focus not on what is missing, but on what is possible. That is why we remain optimistic even in times of difficult economic conditions and great uncertainty.
In the past financial year, we once again achieved profitable growth in a challenging environment and generated sales of EUR 1.466 billion – the highest in the Group’s 130-year history. We are delighted with this milestone and proud of what we have achieved so far.
However, we also know that if you want to shape the future, you cannot rest on your laurels. That is why we are continuing to build on what we have achieved and creating something new. With our pioneering spirit and operational excellence, we are driving our transformation forward – supported by a refined strategy, customer-focused innovations, and targeted growth in future-oriented markets.
We see the glass as half full,because we...
...are proud of what we have already achieved.
At the same time, we know that there is room for new things: for innovation, change, and growth.
...look ahead with optimism despite all the uncertainties.
Not out of naivety, but out of conviction.
...believe in the power of innovation.
Not as a means to an end, but to create real added value for our customers.
...find opportunities in new markets, industries, and regions.
Despite all the difficult conditions.
Interviews
Dr. Martin Komischke, President of the Board of Directors of HOERBIGER Holding AG, is proud that in the past fiscal year, HOERBIGER achieved the best result in its 130-year history in such an exceptionally challenging environment. He is convinced that the ability to succeed in a demanding environment is one of HOERBIGER’s greatest strengths.
HOERBIGER continues its success story with profitable growth for the fourth consecutive year. The journey has not been without challenges, and the past fiscal year demanded a great deal from the more than 6,000 employees. In this interview, Dr. Thorsten Kahlert, CEO and Chairman of the Executive Board, provides insights into the 2024 business results, recalls the critical moment when large parts of production came to a standstill, and explains why he is optimistic about the future despite uncertain markets.
Since 2016, Dr. Andreas Hünerwadel has been serving as president of the HOERBIGER Foundation, which, together with family shareholder Ms. Christiana Hörbiger, is the owner of HOERBIGER. In this interview, he speaks about the Foundation and its mission, discusses the overlap in board memberships between the Foundation and the Board of Directors, and why he is grateful that not everything has changed at HOERBIGER in recent years.
Figures and strategy
#TeamHoerbiger, with its 6,477 employees at 130 locations in 40 countries, generated revenue of 1.466 billion euros in 2024.
HOERBIGER aims to grow significantly in the coming years. The focus is not on revenue gains at any price, but on sustainable, profitable growth driven by future-focused industries, innovative strength, and a culture that promotes entrepreneurial thinking. In a dynamic environment, the Group relies on an adaptable strategy.
Divison reports
The Compression Division continued to grow profitably in 2024 – both in its core business and in new growth areas. HOERBIGER is driving the transformation with innovation, strong partnerships and a focus on efficiency. But it’s not just numbers that count; a strong corporate culture and committed employees are the key to success.
The Automotive Division closed 2024 successfully despite challenging market conditions. The main driver was the strategically and operationally strong synchro core business. At the same time, the transformation made significant progress: New e-mobility and hydrogen products received positive feedback from customers. Team spirit, performance, and innovation shaped this change.
Business Unit reports
With strong growth, strategic acquisitions, and cutting-edge innovations, Rotary strengthened its market position in 2024. Customer-focused solutions and technological advancements fueled success, while the outlook for 2025 remains ambitious – driving efficiency, expanding key markets, and investing in talent.
Engine stayed on course for 2024, despite delays in future technologies. The Business Unit set technological standards with innovative hydrogen solutions such as the AdaptH₂ system and strengthened its competitiveness with strategic partnerships.
The Safety Business Unit had another record year – characterized by growth, innovation and a successful acquisition. Despite global challenges, it remained the market leader and also provided new impetus in hydrogen mobility. In 2025, the focus will be on integrating new business areas and expanding into growth regions.
People and sustainability
The past year was defined by innovation, talent development, and a people-centered culture that balances stability with progress. In the competition for talent, HOERBIGER stands out by offering a work environment that fosters team spirit and encourages both professional and personal growth through active participation.
In the 2024 fiscal year, the HOERBIGER Group further refined its sustainability strategy and achieved further progress across all three ESG dimensions – environmental, social, and governance. The focus extended beyond technical solutions to include the active commitment of local employees in the regions. These individuals identify opportunities, drive change, and develop projects that serve as role models.
