Accelleron Surpasses USD 1 Billion Revenue in 2024

Accelleron Industries AG reported a significant milestone, surpassing USD 1 billion in revenue for 2024. With a revenue increase of 11.8% to USD 1.023 billion, the company demonstrated strong growth across all segments. Operational EBITA rose by 17.4% to USD 261.9 million, and net income soared by 63.1% to USD 179.4 million. Accelleron attributes this success to increased demand in marine products and energy sectors.

The Medium & Low Speed segment saw a revenue increase of 16.3%, driven by heightened demand for ship services and retrofit solutions. Meanwhile, the High Speed segment faced a slight revenue decline of 0.4% but maintained a strong market position in emergency power generation. Accelleron's strategic acquisitions of OMC2 and TNM expanded its capabilities in fuel injection and digital solutions.

Looking ahead to 2025, Accelleron remains optimistic, forecasting a 4-6% revenue growth in constant currency terms. The company aims to leverage its service network and embrace opportunities in digital services, despite geopolitical uncertainties.