Meusburger

Significant decline in business volume

Worldwide, 1410 men and women work for Meusburger, around 200 fewer than in the previous year.

(Bild: Panograf | Marc Walser)

The Wolfurt-based tool and mold manufacturer Meusburger achieved a turnover of 297 million euros in 2024 - that is 30 million euros less than in the 2023 financial year. 

For the second time in a row, the standard parts manufacturer suffered a significant decline in business volume. In the 2024 financial year, it generated EUR 30 million (-9.2%) less than in 2023. Compared to 2022 (revenue of EUR 349 million), the decline in revenue amounted to -14.9%.

As in many other companies, the challenging economic situation in Europe is also making itself felt at Meusburger. Nevertheless, the company has managed to secure its position as market leader in Europe in a difficult environment, emphasized Managing Director Guntram Meusburger. "We are monitoring developments in the market very closely and reacting flexibly to the changing situation," he explained.

Increasing efficiency and digitalization
He intends to meet the current economic challenges with a strategic combination of increased efficiency and greater digitalization. "We have been investing heavily in important digitalization projects for years so that we can secure a clear lead," emphasizes Guntram Meusburger. One example of this is the new web store. Since the launch of the "Meusburger Portal", new functions have been added to it through regular updates.

The company has also launched its own market barometer in collaboration with the Aachener Werkzeugbau Akademie (WBA) in order to keep abreast of current trends and challenges in the industry. This survey, specially developed for the tool and mold making industry, is conducted twice a year.