Whitepaper: Serial renovation – cost reductions, efficiency gains and new industry structures through industrial prefabrication in renovation
8. October 2024
Whitepaper: Spain – The underrated growth market for German construction suppliers. Why expansion is worthwhile and how to succeed.
14. November 2024Your contact
t +49 (0) 89 1250 1590
presse@munich-strategy.com
Dr. Sebastian
Theopold
Jens
Krause
Dr. Sebastian
Theopold
Jens
Krause
STUDY
10 / 2024
Ranking: Germany’s Fastest-Growing Mid-Sized Companies 2024
In cooperation with business newspaper Handelsblatt, Munich Strategy has identified Germany’s 100 fastest-growing and most profitable mid-sized companies for the 15th time. The strongest companies are defying increasingly challenging economic conditions.
Munich Strategy analyzed over 8,000 German companies from various industries with annual revenues between 10 million and 1 billion euros. Based on average revenue growth and EBIT margin over the past five years, the “TOP 100” mid-sized companies of 2024 were determined. These companies stand out not only for their consistent growth but also for their strong profitability.
A class of their own
The TOP 100, with their revenue growth and profit margins, form the spearhead of the German mid-sized sector. They represent the top 1% of mid-sized companies in terms of growth and profitability.
The “Mittelstand” is dividing
The TOP 100 have further widened the gap in revenue growth between themselves, the rest of the mid-sized companies, and DAX-listed corporations. They have significantly increased their revenue growth over the past five years, growing by an average of 16.8% per year.
Relatively stable despite challenging conditions
The average profit margin of the TOP 100 slightly declined in 2024 – from 17.1% in 2023 to 16.4% in 2024. The equity ratio of the TOP 100 remains stable at 59%.
Technology companies and machinery and plant manufacturers as the strongest sectors
As in previous years, the technology sector (23 companies) and machinery and plant manufacturing (20 companies) account for the majority of the “TOP 100” companies. The construction industry (18 companies) has gained momentum, with 7 more companies in the ranking compared to the previous year. However, this increase is partly due to rising material prices after the COVID-19 pandemic, which boosted revenues.
Contents of the study
-
Ranking of the TOP 100 companies, including revenue for 2022/23, average revenue growth, and average profit margin over the past five years, as well as location, industry, and previous year’s ranking
-
Performance comparison between the TOP 100, the average mid-sized companies, and DAX-listed companies
-
TOP 20 by revenue growth and profit margin, industry and regional analysis, high performers, and long-term champions
CONTACT
Connecting knowledge.
Fee: €399.00 plus VAT
If you would like to pre-order the study, please send us an email with your billing address. You will receive the study as a PDF via email.
Your contact
Munich Strategy GmbH & Co. KG
Türkenstraße 5
80333 München
t +49 – 89 – 1250 1590
presse@munich-strategy.com
Read more (in German)