The price increase of raw materials and packaging in 2024 was driven by the increase in transport costs as well as costs related to labour remuneration. In addition, temporary increases in raw material prices were still influenced by the geopolitical situation, which slightly destabilizes some raw material groups and supply chains in Europe and worldwide. The euro exchange rate had a positive impact on the prices of raw materials purchased by the Group.
Raw materials
The year 2024 was characterized by an insignificant fluctuations in raw material prices.