The economy is in crisis, the profits are rising

The DAX companies react to the economic slump with job losses. Deutsche Telekom overtakes VW in operating profit.

Despite weak growth and job cuts, Dax companies recorded rising profits and sales in 2024. Especially car manufacturers suffer from declines, while Deutsche Telekom and armament companies are successful

The profitability of the large Dax companies has stabilised at a low level. Insolvencies are unlikely in the coming years, Peter Seppelfricke analysesThe Dax is an old economy world index for companies that have their headquarters in Germany. On average, these companies hold only about 25 percent of their assets domestically (detail in the column of February). Nevertheless, it is important for the economic situation in Germany that the large Ger…

Stagnant sales, only slightly rising profits – on average, 2024 was a mediocre year for the DAX companies. For the first time, they cut more jobs overall than they created. Nevertheless, things aren't going badly across the board.

The largest German stock exchange companies react to the economic slowdown in Germany with the reduction of thousands of jobs. After years of job creation, the number of employees at the DAX companies fell slightly last year, a new study by the auditing and consulting company EY shows.

The economic slump also captures the largest German stock exchanges. In 2024, they can only increase sales minimally. Many react with savings programs. One industry catches it particularly.