Annual Report 2024

About us

For Jungheinrich, 2024 was characterised by far-reaching changes, but also by lasting success in a challenging global environment. Geopolitical tensions, economic uncertainties and structural changes in the industry have placed great demands on our company. Nevertheless, Jungheinrich once again proved to be resilient, innovative and forward-looking over the past financial year.

Key figures

Incoming orders

€ million

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Revenue

€ million

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EBIT

€ million

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EBIT ROS

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Employees

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Dividend

€ per preferred share

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CEO statement

Dr Lars Brzoska , Chairman of the Board of Management

“Against the backdrop of a difficult market environment in 2024, we are satisfied with the robust development of our business.“

To Foreword from the Chairman

Board of Management

Heike Wulff, Member of the Board of Management

Dr Volker Hues, Member of the Board of Management

Dr Lars Brzoska, Chairman of the Board of Management

Nadine Despineux, Member of the Board of Management

Maik Manthey, Member of the Board of Management

Heike Wulff, Member of the Board of Management

Born: August 9, 1980 in Herford, Germany

2000-2004 Studied at University of Applied Sciences, Osnabrück
(degree: Master Degree in Business Law)
2004-2005 Universität Osnabrück, Focus: Master of Law Taxation
(degree: Master Degree in Law (LL.M.))
2008 Exam Tax Advisor
2009 SAP-Certification
(Certified SAP Solution Consultant (FI))
2012 Exam German Certified Auditor
2004-2012 PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft
last Certified Accountant & Tax Advisor, Hamburg
2012-2018 STILL GmbH, Hamburg
last Senior Director Operations Controlling & Tax STILL EMEA
2018-2020 KION Group AG, Frankfurt am Main
last Vice President IFRS Competence & Statutory Accounts

Milestones at Jungheinrich AG

2021-2024 Vice President Corporate Controlling
Since 2024 Member of the Board of Management, Finance, designated CFO

More about the Jungheinrich management

Dr Volker Hues, Member of the Board of Management

Born: November 11, 1963 in Dortmund, Germany

1984-1990 Studied at Ruhr-Universität Bochum, Germany, Business Management
(degree: Master’s equivalent in Economics)
1990-1998 Franz Haniel & Cie. GmbH, Duisburg, Germany
last Equity Stake Controlling Department
1998 PhD in Business Management; subject: Integrating Company Acquisitions
(degree: Dr. rer. pol.)
1998-2000 boco Group, Hamburg, Germany
Chief Financial Officer
2000-2009 CWS-boco International GmbH, Duisburg, Germany
Chief Financial Officer

Milestones at Jungheinrich AG

Since 2009 Member of the Board of Management, Finance
Since 2013 Concurrently responsible for the “Mail Order Division”

MORE ABOUT THE Jungheinrich Management

Dr Lars Brzoska, Chairman of the Board of Management

Born: September 16, 1972 in Herford, Germany

1993-1998 Studied Business Management at Westfälische Wilhelms-Universität Münster, Germany, Business Management
(degree: Master’s Equivalent in Business Management)
1998-2003 Chair for Business-to-Business Marketing at Westfälische Wilhelms-Universität Münster,
Research Assistant
2003 PhD in Economics; subject: Conjoint Analysis as an instrument for price reactions prognosis (degree: Dr. rer. pol.)
2003-2010 GILDEMEISTER AG, Bielefeld, Germany, last DMG Vertriebs und Service GmbH,
Managing Director
2010-2014 Terex Material Handling & Port Solutions AG, Düsseldorf, Germany
last Member of the Board of Management

Milestones at Jungheinrich AG

2014-2018 Member of the Board of Management, Marketing & Sales
2018-2019 Member of the Board of Management, Engineering
Since 2019 Chairman of the Board of Management

MORE ABOUT THE JUNGHEINRICH MANAGEMENT

Nadine Despineux, Member of the Board of Management

Born: March 7, 1978 in Bad Bergzabern

1998-2002 Studied at University of Applied Sciences Riedling, Bachelor of Business Administration
(degree: Diploma in Business Administration, specialized in European Business Management)
1998-2015 MTU Friedrichshafen GmbH, Friedrichshafen
last Vice President and Head of Marine & Offshore Business
2016-2022 KraussMaffei Technologies, München
last Managing Director KraussMaffei Technologies (KMT) & Executive Vice President Division: “Digital & Service Solutions”
2022-2024 Renk Group, Augsburg
last CEO Marine & Industrie, Slide Bearings, Digitalisation, IT

Milestones at Jungheinrich AG

Since 2024 Member of the Board of Management, Sales

MORE ABOUT THE JUNGHEINRICH MANAGEMENT

Maik Manthey, Member of the Board of Management

Born: May 26, 1975 in Bremen, Germany

1997-2001 Studied at University of Applied Sciences Bremen, Germany
(degree: Graduate-Engineer)
1999-2000 Studied at South Bank University of London, UK
(degree: BEng(hons) Electric and Electronic Engineering)
2007-2010 Studied at University Stuttgart
(degree: Master of Business Engineering in Logistic Management)
2008-2016 Linde Material Handling GmbH, Aschaffenburg
last Vice President New Business & Products
2016-2021 KION Group AG, Hamburg
last Senior Vice President Brand & Product Management
2021-2024 CLAAS KGaA mbH, Harsewinkel
last Senior Vice President Global Engineering Technologies