Raw materials

The year 2024 was characterized by an insignificant fluctuations in raw material prices.

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.

In 2024 no other substantial events or threats in the area of procurement took place that would have a material impact on ensuring the continuity of supplies of raw materials.