Family-owned business Blum from Vorarlberg, Austria, has recorded 2,441 million euros in turnover for the 2024/2025 financial year ended 30 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.
“Our international presence with 34 subsidiaries, who work closely with our customers and know their exact requirements, remains a key factor in our success. 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.
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 30 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.
To safeguard regional jobs and living standards, you not only need successful companies but also suitable framework conditions. “We need a European Union which is once again guided more by the spirit of its founding principle and takes this to the next level – a common economic area with strong geopolitical positioning instead of ever-increasing layers of bureaucracy,” explains Philipp Blum.
Topics such as a joint security policy, raw material and energy prices, supply reliability and company regulations urgently need to be tackled. “We focus on our own tasks which we and our employees can influence ourselves – innovative products and services, supply chains, production sites and flexibility for our customers – but we face ever growing bureaucracy,” says Martin Blum.
“Regulations and rules are much more comprehensive in Europe than in other parts of the world and they have a negative effect on our international competitiveness.”
One such example is the EU Emissions Trading System (ETS) combined with the CBAM regulation, which comes fully into force at the start of 2026. This concerns, for example, imports into the EU of steel, cement, fertiliser or aluminium from countries which often have lower environmental standards. However, finished products such as fittings made of steel are not included in the system – and this distorts competition.
“We’re committed to sustainability and we are implementing numerous measures for future generations in line with our long-term orientation. However, ill-considered regulations, such as these, fall short of the well-intentioned aim and lead to huge disadvantages in international competition. This weakens our European site,” explains Philipp Blum. Both Managing Directors are calling upon policymakers to take the necessary measures for Europe as a business hub.
“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.”
