Topsoe delivers solid financial results for 20247.3.2025 08:00:12 CET | Topsoe A/S | Annual Financial Report
Read the annual report 2024 here. Topsoe, a global leader in energy transition technologies, delivers full-year results with solid revenue and earnings. Financial Highlights Revenue amounted to DKK 8,373 million, which was in line with expectations. Lower revenue from the catalyst business was the primary reason for the 11% revenue decrease compared to the exceptionally strong 2023 (DKK 9,416 million). In 2024, we grew our market position with our catalyst and technology solutions for renewable fuels and in the conventional fuel segments. 23% of revenue, DKK 1,967 million, came from businesses related to technologies and solutions that enable the production of low-carbon, renewable fuels and e-fuels. EBIT before special items was DKK 847 million (2023: DKK 964 million), with an EBIT margin of 10.1%, in line with the previous year (2023: 10.2%) reflecting a strong gross margin and rigorous cost control. Overall investments in technologies and solutions that support the energy transition