ISS – one of the world’s leading groups in the field of facility service based in Denmark – announced its financial results for 2024 today. Organic growth was 6.3 % in 2024 (2023: 9.7 %) and 6.6 % in the second half of 2024 (H2 2023: 8.1 %). The main drivers here were group -wide price increases, positive sales growth and good project sales in the USA. The operational margin before other items (without IAS 29) improved to> 5.0 % (2023: 4.3 %) in 2024 and in the second half of 2024 to> 6.0 % (H2 2023: 4.9 %) . Organic growth of 4 to 6 % and an operative margin of over 5 % is expected for 2025.
On February 19, 2025, ISS also completed the share buyback program announced in February 2024 of 1.5 billion DKK and today announced the initiation of a new share buyback program of 2.5 billion DKK.
Kasper Fangel, CEO of the ISS A/S Group, on the results: “2024 was a challenging and successful year for ISS. We have achieved our financial goals and have a solid financial situation. In addition, we were able to secure important contract extensions with key customers and take decisive measures to further strengthen our organization, to improve the operational excellence and to focus our focus even more specifically on the changing needs of our customers. With regard to the future, we are determined to achieve a strong, sustainable and profitable growth. Thanks to our new strategic priorities and a streamlined, focused executive group management team, we are well positioned to accelerate our growth and to optimally use the promising global and local opportunities in our selected industrial segments.
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The entire annual report can be found here: ISS-Annual-Report-2024.pdf
About ISS
ISS is a leading worldwide provider of facility service solutions. In close partnership with our customers, we create work and habitats that promote the commitment and well-being of people, at the same time minimizing environmental impact and protecting real estate and locations and preserving their value.
Our success is based on a unique combination of knowledge, experience, deep insights into the needs of our customers and excellent services – implemented, among other things, in office buildings, production facilities, health facilities or airports.
With over 350,000 committed employees, we shape environments every day that inspire people and advance organizations and institutions.
You can find out more about the ISS group at www.issworld.com
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