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Germany – Dekra expects revenue growth between 2% and 4% in 2020

11 December 2019

In its end of year review, Dekra reported it anticipates a subdued economic situation in key submarkets and continued political tensions in 2020, but the Stuttgart-based company still expects revenue growth of between 2% and 4%. One of Dekra's divisions is Dekra Arbeit Gruppe, the sixth-largest staffing firm in Germany.

For 2019, Dekra announced that it expects 2019 consolidated revenue to rise by about 3% to approximately €3.43 billion. Excluding staffing revenue, the company reported revenue would be up by more than 5%.

Overall, 40% of the company’s revenue is generated outside of Germany.

Dekra, which provides more services than just staffing, reported positive business developments in all regions with the exception of its temp work service division and the Southern Africa and Oceania region because of the economic situation in South Africa.Other services provided by the company range from vehicle inspection and expert appraisals to claims services, industrial and building inspections, safety consultancy, testing and certification of products and systems, as well as training courses.

At the beginning of 2019, DEKRA combined its services into eight service divisions and eight regions. Stefan Kölbl commented, “Already this year we have been able to benefit from combining global knowledge and global capacities faster and more effectively into customer-specific solutions. We are leveraging the strength of the DEKRA Group, particularly with a view to innovation and quality associated with the diverse opportunities of digitalization.”

This article has been corrected from an earlier version.