Büfa, the family-owned chemical company based in Oldenburg, Germany, achieved stable performance in 2024, despite a year marked by economic and geopolitical uncertainty. The company recorded consolidated sales of EUR 333 million. The main driver of growth was the chemicals division, which saw higher volumes compared to the previous year. This helped compensate for declines in other business areas, resulting in a 5 % overall increase in group sales volume.

“The performance of our chemicals division was particularly encouraging,” said Ralf Ramke, CFO of the Büfa Group. “Despite the continued difficult market conditions, we were able to maintain operating earnings at a stable level. At the same time, the group remains on solid financial footing, with an equity ratio of around 60 %.”

European sales activities strengthen market position

To safeguard market share amid economic headwinds, Büfa expanded its activities in selected European markets. The chemicals division benefited from this ongoing internationalisation and the development of new sales regions.

Trade in agricultural and food industry products also developed positively. However, high import volumes from Asia and the resulting low price levels had a negative impact on margins. “Given the current situation in Europe and internationally, there are no clear signs of a recovery at present,” said Ramke. Nonetheless, he expressed cautious optimism regarding the German government’s proposed infrastructure programme, which may provide economic stimulus.

Focus on sustainability and digitalisation

Büfa is continuing to pursue sustainable product development within the chemicals sector. The company is working on solutions with reduced solvent content, bio-based or recycled raw materials, and materials designed for flame-retardant or conductive applications.

In parallel, digital transformation remains a strategic focus. The use of artificial intelligence is expected to increase operational efficiency, optimise internal processes and improve customer targeting. “Sustainability, digitalisation and international growth remain the core pillars of our strategy,” said CEO Felix Thalmann.