Entering the Centenary Year with Sustained Sales Growth
STUTTGART, Germany, Nov. 25, 2024 /PRNewswire/ -- DEKRA could hardly be entering the year of its 100th anniversary on a more future-proof and resilient footing: after the world's largest non-listed testing, inspection and certification company exceeded a sales threshold of €4 billion for the first time in its history in 2023, DEKRA anticipates further growth in 2024. In the first ten months of the year, turnover increases by around 5%, with the core TIC (Testing, Inspections & Certification) business growing by more than 7%.
"We are optimistic that we can close 2024 with a mid-single digit increase in sales," says Stan Zurkiewicz, CEO and Chairman of the Board of Management of DEKRA e.V. and DEKRA SE, at the company's annual review at its Stuttgart headquarters. Despite very challenging external conditions—e.g., recession in DEKRA's home market of Germany and continued shortage of skilled personnel across Europe—all areas of the company's TIC business have contributed to this success. The temporary staffing segment is the only area experiencing a decline in sales, particularly in Germany, due to the difficult framework conditions. DEKRA CEO Zurkiewicz explains: "In this area, we are feeling the effects of the current economic contraction and the crisis afflicting the European automotive industry. However, we are able to offset this with more than 7 percent increase in turnover within our core business and strong demand in new focus areas."
In the current fiscal year, DEKRA has recorded high single- to double-digit growth in the Americas (around 14%), North-West Europe (around 9%) and the Asia-Pacific region (around 9%). In its home market of Germany, the core business has grown by around 7%. The new strategic business fields related to future mobility, sustainability, cybersecurity and artificial intelligence have also contributed to this success.
DEKRA will celebrate its 100th anniversary next summer. Considering this milestone, the company anticipates maintaining its growth trajectory in 2025—despite potentially volatile geopolitical and economic conditions. DEKRA expects to see another mid-single digit turnover growth in the anniversary year.
Read the full version here: https://www.dekra.in/en/entering-the-centenary-year-with-sustained-sales-growth/
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
DEKRA remains on course despite global economic and political crises
KUALA LUMPUR, Malaysia, Nov. 25, 2024 /PRNewswire/ -- IBPO Group Berhad ("IBPO") unveils i-Connect, a comprehensive property and financial solution designed to transform how Malaysians buy, sell, and manage their homes. Building on IBPO's expertise in fusion financial solutions, i-Connect seamlessly connects buyers and sellers while matching them with the right properties—regardless of their financial background or situation.
The i-Connect program offers individuals the flexibility to either sell their homes while continuing to stay in them or purchase new homes with better financial planning. Through a secured platform, backed by a trusted network of buyers and sellers, i-Connect promotes win-win outcomes for all parties.
Benefits for Home Sellers
Benefits for Home Buyers
"In today's challenging property market, financial constraints can weigh heavily on both buyers and sellers, preventing them from making the right moves. But why miss opportunities when there are ways to gain more? Since pre-launching the program, we've already witnessed several success stories," said Andy Lim, Founder & Group Managing Director of IBPO Group Berhad.
He added, "With i-Connect, we connect you to strategic financial solutions through our trusted network of clients and financial institutions, ensuring your property transactions are financially sustainable. We simplify the entire process—from matching buyers and sellers to managing properties and guiding financial decisions—providing a flexible, all-in-one solution where every step is taken care of and managed by us."
Discover our financial solutions and programs with ANIKA, Malaysia's first AI-powered virtual financial consultant chatbot. Using Face ID recognition via e-KYC, ANIKA is 100% safe and secured, and is available 24/7 for your convenience. Chat with ANIKA at chat.ibpo.com.my.
For more information, visit www.ibpo.com.my.
About IBPO Group Berhad
IBPO Group Berhad is a fusion financial company that provides holistic personalised financial solutions to help clients achieve their financial aspirations and live a better life. Incorporated in 2012, IBPO Group became a public limited company in 2020.
We deliver bespoke financial consultancy services with our cutting-edge Fusion Financial System, a financial technology ("fintech") system powered by Artificial Intelligence ("AI") that was developed through extensive in-house IT research and development and ANIKA, the first AI-powered virtual financial consultant chatbot in Malaysia.
Our financial programs include; i-Refinancing, i-Connect, i-Console Plus, and Housing Value Investment. Discover personalised solutions tailored to your needs with mortgage refinancing, personal loans and financing, property management and more. To learn more, visit www.ibpo.com.my.
Follow Us: Facebook | Instagram | LinkedIn | YouTube @IBPO Group Berhad
Address: Level 28, Mercu Aspire, No. 3 Jalan Bangsar, KL Eco City 59200 Kuala Lumpur.
Email: contactus@ibpo.com.my
Head Office Contact No: +603 2201 2828
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
IBPO Group Berhad Launches i-Connect: Your Direct Property Connection Program
