Technology

HIMA Group, a global leader in safety-related automation solutions, has announced an impressive 23% year-on-year growth in revenue for fiscal year 2024, reaching EUR 186 million. The boost was powered by strategic international expansion, key acquisitions, and intensified focus on digital transformation and sustainability.

A Year of Strong Momentum

Building on its successful performance in 2023, HIMA continued its upward trajectory throughout 2024. Organic growth accounted for 12% of the increase, with a significant portion driven by the integration of Sella Controls and Origo Solutions. These acquisitions enriched the company’s technical capabilities and broadened its reach into new sectors, particularly the railway industry.

“With the acquisition of Sella Controls and Origo Solutions, we’ve strengthened our position as a key solutions provider and expanded operations beyond Europe,” said Jörg de la Motte, CEO of HIMA Group.

Global Market Penetration

In 2024, HIMA’s international footprint expanded substantially:

• Germany, Austria, and Switzerland contributed 24% of total sales.

• Other EU countries generated 19%, followed by the UK (11%) and Norway (9%).

• The Asia-Pacific region accounted for 19% of revenue.

• The Middle East and India contributed 12%, while the Americas added another 6%.

New subsidiaries and service centers were established in India, Colombia, and China, with further expansion plans underway in Peru and additional strategic markets. In Saudi Arabia, the group’s newly opened subsidiary supports growing industrial demands in the region.

“These investments in high-growth regions underscore our commitment to customer proximity and international strength,” added de la Motte.

Railway Sector Gains Momentum

The railway sector emerged as a standout area, now contributing 17% of HIMA's total sales. The growth was driven in part by Sella Controls and the company’s presence at InnoTrans 2024, where HIMA’s newly expanded product suite—celebrated for its flexibility, integration ease, and cost efficiency—was showcased.

Driving the Digital Agenda

HIMA continued to innovate under its digitalization strategy, #safetygoesdigital, introducing:

• Digital cockpits for managing safety lifecycle processes

• SCADA+ and safeHMI, the latter developed in collaboration with DEUTA-Werke

• Enhanced cybersecurity through extended cooperation with German security specialist genua

Digital education also saw growth, with the Digital HIMA Academy rolling out training and learning tools for employees and clients.

Additionally, the company is making strides in artificial intelligence:

• AI-supported remote diagnostics for proactive maintenance

• Internal functional safety chatbot ‘Ask Paula’, to launch in June 2025

• Expansion of the ‘Himalaya’ innovation lab in Mannheim

AI has vast potential for both internal optimization and customer-facing applications,” said Dr. Michael Löbig, CFO of HIMA Group.

Sustainability at the Core

HIMA reaffirmed its commitment to sustainability as a foundational pillar of its business strategy. Efforts included:

• Responsible resource usage and environmental protection

• Participation in global sustainability initiatives and the formation of a CSRD team

• Eco-conscious event planning and incentive programs for sustainable project ideas

• A tree-planting initiative linked to customer feedback

“Sustainability is a cornerstone of our corporate philosophy. It ensures long-term viability and social responsibility,” emphasized Steffen Philipp, Managing Partner of HIMA Group.

Outlook

Despite global market uncertainties, particularly in Germany, HIMA remains optimistic about continued growth in 2025. With a strong international presence, a commitment to innovation and sustainability, and expanding digital offerings, the company is well-positioned to remain a leading solutions provider in industrial safety and automation.

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