In the 2024 financial year, Roto Group expects to maintain its net turnover and profit compared to the previous year. This was announced by Dr. Eckhard Keill, CEO of Roto Frank Holding AG, during the 2024 Press Day in Stuttgart, Germany.
In the 2023 financial year, Roto Group recorded a net turnover of €885 million, marking growth compared to the previous year. The company is expected to close this year with a slight decline of approximately 1% compared to the previous year. The CEO described this as a "pause" in the Group's growth. However, the company successfully expanded its customer base. Roto expects to benefit if renovation and new construction activities pick up again.
According to Dr. Keill, process optimization and automation play a particularly important role in Europe and America due to the skills shortage. He emphasized: "Partnership collaboration in value chains is becoming increasingly important for economic success."
In Mr. Keill's view, German or European policymakers are unlikely to drive new construction or renovation in 2025. Companies will benefit by focusing on collaboration with organizations and individuals.
The holding’s CEO announced further modernization measures for all factories and the expansion of various production capacities over the next few years. Efforts will focus on enhancing efficiency through digitalization and automation.
As noted by Roto FTT CEO Marcus Sander, the company will continue to invest in its own electricity and heat generation.
Photo: Roto Group
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