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Annual and Sustainability Report 2024

The Future
is up to us!

Our future is in our hands: With courage, determination, and responsibility, we are committed to sustainable, long-term solutions. Change does not happen on its own – we make it possible. Our team spirit, dedication, and willingness to embrace change are what drive us forward. Because one thing is certain: Our future is shaped by the people working on it today.

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Greiner is a long-standing family-owned company and a global player with strong growth potential. Although the past financial year was marked by numerous changes and key strategic decisions, we have consistently continued our sustainable transformation course. As a Group, we combine our strengths to ensure an economically, socially, and environmentally sustainable future.

Annual and Sustainability Report 2024

Our future is shaped by the people working on it today.

Turn challenges into opportunities
We actively shape our future. With determination and vision, we build a successful tomorrow for Greiner.
Stay true to our values
As a family-owned company, we think in terms of generations. We create value through responsible action.
Strength through variety
The potential of our employees and our broad portfolio make us resilient.
Drive circularity forward
We can make the circular economy a reality through innovation, collaboration, and impactful solutions.
Fight climate change
We are continously working on achieving our targets. Climate change is the biggest challenge of our time and we must act now.
Empower our people
It is our responsibility to provide a safe and supportive environment and to create equal opportunities for all employees.

2024 in figures - Financials

The future offers opportunities – and it is up to us to seize them. As a family-owned company with a history of over 150 years, we have weathered many turbulent times – and emerged stronger each time. We are actively shaping our future and remain committed to the sustainable development of our company, even in difficult times. We do so with the constant goal of being a good employer and a reliable partner for our customers and business partners.

Key figures 2024
1,991
million euros
2,119 million euros (in 2023)*
Sales revenue
* Sales revenue 2023 including the Greiner Perfoam business units (which were divested as of 12/28/2023).
192
million euros
186 million euros (in 2023)
Cash flow
129
million euros
138 million euros (in 2023)
Investments
10,318
headcount
10,544 headcount (in 2023)
Employees
Employee headcount (not including leased personnel); calculation as of 12/31, not including employees of the divested business units
0.19
million euros
0.20 million euros (in 2023)
Sales revenue per employee
Interview with the Executive Board
“The future lies in our hands”

A challenging market environment and key personnel decisions shaped the 2024 financial year. In this interview, the Executive Board reflects on recent progress and provides insight into concrete plans for long-term success.

Development of the divisions

Expert for innovative & sustainable plastic packaging
Expert for innovative & sustainable plastic packaging
High-quality products for medical and laboratory applications
High-quality products for medical and laboratory applications
Expert in foam solutions for polyurethane flexible and composite foams
Expert in foam solutions for polyurethane flexible and composite foams
Greiner Packaging

Do the innovation

Key figures 2024
875 million
Sales revenue in euro
4,933
Employees
30
Locations

Greiner Packaging boasts more than 60 years of experience in developing and manufacturing stable plastic packaging and technical parts. It uses a host of production, decoration, and barrier technologies. The company serves its customers through its two business units – Packaging and Assistec. The corporate unit focuses on sustainability as part of its product development process. Greiner Packaging supplies customers around the world with innovative and sustainable packaging solutions and plastic products through its highly motivated global teams.

The Future is up to us!
Beatrix Praeceptor
CEO Greiner Packaging

“In 2024, we laid important foundations for the future through sustainable product development and active transformation. In doing so, we combine ambitious growth targets with the highest sustainability standards while also placing great importance on a safe and attractive work environment. Together, we are shaping a forward-looking perspective that unites responsibility, innovation, and efficiency.”
 

You can find out more about the development of Greiner Packaging in the annual report

Greiner Bio-One

Making a difference

Key figures 2024
666 million
Sales revenue in euro
2,624
Employees
29
Locations

Greiner Bio-One has been developing and distributing solutions and high-quality plastic products for medical technology and laboratory applications for more than 60 years. Its products are used in clinical diagnostics (e.g. blood and saliva collection systems), life science research (e.g. cell culture products), drug discovery (e.g. microplates), and the sterilization of medical devices. With a broad portfolio available in over 100 countries worldwide, the company supports scientists and medical professionals in their daily work caring for patients. Greiner Bio-One operates in the market through its three business units: Preanalytics, BioScience, and Mediscan.

The Future is up to us!
Ilke Panzer
CEO Greiner Bio-One

“Our initiatives have set the stage for sustainable and profitable growth, allowing us to make a meaningful impact for users and  patients.”

You can find out more about the development of Greiner Bio-One in the annual report

Key figures 2024
455 million
Sales revenue in euro
2,519
Employees
44
Locations

NEVEON is a leading integrated company for polyurethane, flexible, and composite foams. The core business consists of the production of around 300 different standard and specialty foams and their processing into semi-finished or finished products. The foam solutions ensure comfort and safety and improve the energy balance in many contexts. NEVEON operates at 44 sites in 13 countries and serves three strategic market segments – Living & Care, Mobility, and Specialties – through two business units (Living & Care and Mobility & Specialties).

The Future is up to us!
Jürgen Kleinrath
CEO NEVEON

“To counteract weakening markets, we are focusing on operational efficiency, optimizing our cash management, and enhancing data quality for evidencebased decision-making.”

You can find out more about the development of NEVEON in the annual report

Report 2024

Get all details on the Annual and Sustainability Report 2024 in PDF format.