ISS AUSTRIA: Turnover to 353 million euros despite challenges!

ISS AUSTRIA: Turnover to 353 million euros despite challenges!

ISS Austria presented its balance sheet for the 2024 financial year today and thus underlines its strong market position in the field of facility services in Austria. The company's turnover amounted to an impressive 353 million euros, which is a confirmation of stability and resistance during economic challenges. CEO Erich Steinreiber emphasizes that growth is based on the expansion of the service portfolio and on long -term customer relationships. ISS Austria looks after around 1,600 customers at 5,000 locations in the country and is therefore the largest employer in the industry with over 7,000 employees. The focus is on innovation, sustainability and the development of employees, with chemical -free cleaning and sustainable products being recognized as central elements of corporate strategy.

As part of business development, the introduction of the Catering brand Taste’njoy Premium is planned in September 2024. The aim for 2025 is to further expand the market position, especially in the area of building technology. ISS Austria sees Facility Services as systemic maintenance and has proven during the covid pandemic that it can be stable. This is also confirmed by the positive sales development: In 2022, the company exceeded the sales limit of 300 million euros for the first time with an increase to 308 million euros, which represents organic growth of 12 %, as ISS [Issworld.com] (https://www.issworld.com/de-at/news/2023/08/iss-oesterreich- sustainable-auf-wachstumkurs) reported.

market leadership and industry trends

isS Austria also remains the undisputed market leader in the facility service sector in 2023, which corresponds to growth of 9.8 %. This development is part of a generally positive trend in facility management, which recorded average growth of 7.4 % in 2023. This has been the strongest growth since the beginning of the Lünendonk market observations in 2015. Companies such as the CKV Group and the Dussmann Group follow in places two and three, whereby they also have significant increases in sales, as the [Lünendonk study 2024] (https://a3bau.bau- company------Ranking) shown.

The ISS group not only stands for comprehensive services in the areas of cleaning, building technology and business catering, but also for a strong focus on equality, since 45 % of the management positions are occupied by women. Furthermore, it was found that the number of employees in the industry increases an average of 4.0 % and that customers are increasingly paying attention to quality, technology use and sustainability.