Degussa Goldhandel, a leading independent precious metals dealer in Europe, has reported exceptional success in their 2024 financial year. The company saw significant growth in all six of its newly redefined business segments: purchase and sale of investment products, scrap gold purchase, gold savings plans, valuables storage, and safe deposit box services.
One of the key drivers of this success was the gold savings plan, which was introduced in partnership with Deutsche Bank less than six months ago. This offering made a significant contribution to the company’s overall performance.
Despite market trends, Degussa not only achieved gains in acquiring precious metals but also exceeded their sales targets. This was largely due to strategic investments in service offerings, such as the gold savings plan, and a comprehensive digital transformation. The company’s new and innovative brand identity also played a crucial role in driving growth in both retail and online sales channels.
Degussa CEO Christian Rauch expressed his satisfaction with the results, stating, “We are extremely pleased with the 2024 financial year and remain committed to our realigned strategy in the year ahead.”
Looking ahead, Degussa plans to continue their momentum in 2025 by further expanding their digital transformation efforts, attracting new customer segments, introducing innovative products, and expanding their international operations.
CFO Mark Sommer also shared his confidence in the company’s future performance, saying, “Our investments in digital transformation and international expansion have set us on a highly promising path. We are confident in achieving another outstanding performance this year.”
Degussa Goldhandel is known for its quality and reliability in the world of precious metals. With 16 branches across Germany, Switzerland, Spain, and the United Kingdom and a team of approximately 220 employees, the company offers a comprehensive range of services for precious metal investments.
For further information, please contact:
Degussa Holding AG, Oberneuhofstrasse 12, 6340 Baar, Switzerland,
Claudia Fasse, Telephone: +49-172 2108904, Email: presse@degussa.com
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.