18 July 2025, 17:21
Media66
By Furniture & Joinery Production Jul 18, 2025

Blum increases turnover to approximately 2.4 billion euros

Family-owned business Blum from Vorarlberg, Austria, has recorded 2,441 million euros in turnover for the 2024/2025 financial year ended 30th June 2025. 

This represents a growth of 144 million euros or 6.3% in comparison to the previous year. The fittings specialist is thus sending out a positive signal despite a still challenging market environment.

The Blum Group recorded a total of 2,441.48 million euros in turnover from 1 July 2024 to 30 June 2025. After two financial years of slight decreases in turnover, the fittings manufacturer has once again achieved growth.

Philipp Blum, Managing Director of the Blum Group, explains: "There are two specific factors that have had a positive effect on our turnover. First of all, we were able to reverse the trend and increase sales volumes for all our product groups over the last 12 months."

In addition to hinges, runner, box and lift systems, the latest product group, the REVEGO pocket system, also performed well. 

"Secondly," he continues, "our subsidiary Van Hoecke was included in the turnover for the first time." The long-standing Belgian representative and successful producer of furniture components became part of the Blum Group on 1 July 2024 and serves the markets of Belgium, the Netherlands and Luxembourg.

Growing and challenging markets
"Our international presence with 34 subsidiaries, who work closely with our customers and know their exact requirements, remains a key factor in our success," continues Martin Blum, Managing Director of the Blum Group. "It means we can balance out the various developments worldwide. Although many markets are on the up, there are still numerous challenges."

The developments in the US, Eastern Europe and the Asia Pacific region are positive. In Western Europe, the fittings manufacturer sees stabilisation, but the situation in China, for example, remains tense. "In the long term, tariffs and other protectionist measures are detrimental to innovation and global competitiveness. In this regard, stable conditions and the prompt resolution of trade conflicts are important for both us and the global economy. From our perspective, cooperation and working together are the only way forward in the long run." he adds.

Over the past financial year, 45% of the Group's turnover was generated in Europe, 15% in the US and 40% in the rest of the world. The US thus remains the largest single market, and the fittings manufacturer is prepared for all eventualities thanks to the strong subsidiary and local production in North Carolina.

Innovations at interzum
Blum's innovative power plays a key role in keeping the business competitive. Whether through the ongoing improvement of existing products, the development of new products, or the creation of services which go beyond components, Blum is always guided by customer requirements when expanding its portfolio.

Interested customers were able to see this for themselves at this year's interzum in Cologne, the world's leading trade fair for furniture suppliers. Blum showcased a number of innovative solutions including the new REVEGO version, which opens up even more creative applications. In addition to the product innovations displayed, the 61 patents filed in 2024 are testament to Blum's commitment to research and development and put Blum in second place in the annual ranking carried out by the Austrian Patent Office.

Investments by the Blum Group and employee engagement as the key to success
During the last financial year, the company continued to invest in line with its philosophy of embracing innovation and long-term orientation. The majority of the 185 million euros was once again invested at the main site in Vorarlberg, with plant and building expansions for Plant 2 in Hoechst and Plant 4 in Bregenz.

"We are an international company, but these investments clearly demonstrate our commitment to Vorarlberg as a business hub," explains Martin Blum. "It is important for us to keep our plants and sites in the region ready for the future. We have also invested in new production lines – including lines for new products." What's more, showrooms around the world have been redesigned or opened for the first time, such as the Blum Experience Centre in Singapore and a joint showroom with Egger, Tyrol-based manufacturer of wood-based products, in London. 

"Our most important assets are and remain our employees. As of 30th June 2025, the Blum Group employs 9,846 people around the world. And, in autumn, around 100 young people will once again begin an apprenticeship with Blum. Sound vocational education is an important step in the training of new skilled workers. In all, the family company is training over 400 apprentices in Austria, the US, Poland and China."

 Outlook
"In a world which is increasingly uncertain, volatile and shaped by conflicts, we are satisfied with the results of the 2024/2025 financial year," says Philipp Blum, taking stock, but he stresses: "This positive development should not deflect from the fact that we need to tackle several challenges – in particular, the rapidly rising costs of raw materials and staff." 

Martin Blum agrees: "We need to take this development very seriously. Only when the ratio of turnover to costs reaches a healthy level, can we invest in our company over the long term. We need to proceed with caution."

Blum looks ahead with cautious optimism. The company trusts in its proximity to customers all over the world, its innovative power and the strong commitment of its employees and therefore believes it is well equipped for the future and long-term success.

www.blum.com/gb/en/

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