MAHLE Group publishes financial results for 2024

Recently, the Mahle Group released its financial report for 2024. The report shows that the Mahle Group still achieved profitability despite market challenges. Operating profit increased from 304 million euros last year to 423 million euros, with an EBIT margin of 3.6%. However, due to weak markets in Europe and North America and sluggish demand for electric vehicles outside the Chinese market, organic sales fell 5.6% year-on-year to 11.7 billion euros.