US EditionHerma grows despite German economic downturn
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Herma grows despite German economic downturn
Amid a continued economic downturn in the German economy, the Herma Group demonstrated crisis stability and resilience in 2024. The company increased its turnover by 5.4 percent in 2024, to 452.6m EUR (510m USD), compared to 429.4m EUR (483.9m USD) in the previous year. This was due, in part, to Herma's strong business abroad, where it was able to grow by 6.2 percent. However, sales in Germany were also up 3.9 percent on the previous year. As a …
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