Eqs-News: Villeroy & Boch in progress: the group is positioned for the future with the integration of the ideal standard | 13.03.25

Press release

Mettlach, March 13, 2025

Villeroy & Boch in progress: the group is positioned for the future with the integration of the ideal standard

During the year 2024, the Villeroy & Boch group generated record income from 1.421 billion euros, up 57.6% compared to the previous year. The significant increase in revenues was mainly due to the acquisition of the ideal standard in March 2024. The company also managed to improve its exploitation of 10 % € 88.7 million at € 97.6 million. The income and operating Ebit objectives have therefore been achieved despite difficult market conditions.

Group establishes a course for profitable growth

The integration of the ideal standard was the overall objective of the group’s activities in 2024. The development of a joint group strategy and an optimized and integrated organizational structure allowed the first synergy effects. “With the integration of the ideal standard, we have created a new company that has successfully positioned itself on the market under the aegis of the Villeroy & Boch group with two strong brands, strategies clearly defined for growth and an international organization,” commented CEO Gabi Schupp during the past exercise. “Ideal standard completes the Villeroy & Boch commercial model. All hypotheses concerning complementary forces in terms of product portfolio, sales channels and regional presence have been confirmed and increased the group’s competitiveness. »»

Sales growth focused on the division of bathrooms and well-being

During the year 2024, the division of bathrooms and well-being generated revenues of 1,098.9 million euros, up 89.7% compared to the previous year due to acquisitions. The ideal standard companies contributed revenues of 512.1 million euros from March 1, 2024. Despite the continuous development of the construction sector, the level of sale of the previous year was slightly exceeded after adjustment for acquisitions. Ceramic health articles and commercial units of accessories in particular have reached the highest income of income. The division of bathrooms and well-being generated an operating profit (EBIT) of 65.2 million euros in 2024, up 7.9 million euros or 13.8% compared to the previous year.

Stability despite the low demand from consumers in the dining room and the lifestyle

In 2024, the Dining & Lifestyle division generated income of 319.3 million euros. Although the economic environment is difficult, income remained stable in the previous year. Income has increased in the project sector for hotels and restaurants as well as in electronic commerce. Brick and mortar retailers, on the other hand, recorded a drop in income. The company’s own retail stores have made almost the same income as the previous year. The restaurant and lifestyle division successfully closed the 2024 exercise with an operating profit (EBIT) of 32.4 million euros, up 3.2% compared to the previous year despite the difficult market environment.

Investments during the year

During the year 2024, the Villeroy & Boch group invested a total of 58.3 million euros in goods, factory and equipment and intangible assets. The investment has emphasized the modernization and automation of production sites for the two divisions and on the presence of the brand with the opening of Villeroy & Boch World and taking the group’s headquarters in Mettlach, Germany, as well as the modernization of retail stores belonging to the company in Germany and abroad.

Dividend

The supervisory board and the management board will offer the general meeting of shareholders on May 9, 2025 that the non -appropriate surplus of Villeroy & Boch AG is used to distribute a dividend of € 0.85 for ordinary shares and € 0.90 for preferably actions.

Perspectives for 2025 as a whole

With its two strong brands, its integrated organization and its clearly defined growth strategies, the Board of Directors of Villeroy & Boch AG estimates that the group is well positioned and, taking into account the economic environment, therefore provides for an increase in consolidated income from the percentage range to a high figure and a moderate increase in the operating Ebit for the 2025. the previous year.

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Contact:

Melanie Schnitzler Anabell Westrich

Business Communications Company Communications Administrator

Tel: +49 (0) 151/23 54 75 55 Tel: +49 (0) 6864 81-1338

Email: [email protected] Email: [email protected]