Strong Organic Sales Growth
Novonesis delivered a strong broad-based organic growth of 8% for the year 2024, driven by a 6% volume increase and a 2% contribution from pricing. Emerging markets were particularly strong, delivering 12% growth.
Improved Profitability
The strong sales growth coupled with cost synergies and operational excellence led to a 36.1% pro forma adjusted EBITDA margin for the year, an increase of 2.3 percentage points compared to 2023.
Successful Integration and Cost Synergy Achievement
Novonesis has achieved an 80% run rate of the three-year cost synergy program in the first year. The company is on track to realize a €200 million run rate in revenue synergy program.
Sustainability Achievements
80% – 83% of revenue is aligned with six of the United Nations Sustainable Development Goals. Since 2018, Scope 1 and 2 CO2 emissions have been reduced by 63%.
New Product Launches
In 2024, Novonesis launched 45 new products across industries and geographies, solidifying their innovation leadership in biosolutions.
Positive Outlook for 2025
For 2025, Novonesis expects continued strong growth performance of 5% to 8%, with a 37% to 38% outlook for the adjusted EBITDA margin.