The economic environment in 2025 presented numerous complexities, including significant geopolitical developments, wars, import duties as well as (persistent) inflation. The resulting uncertainties impacted some of our end markets. Nevertheless, our strong foundation and market positions enable us to enter the next phase with confidence. With solid market positions and increased production capacity, we have established a robust foundation for future growth. In the coming period, execution excellence will be decisive, supported by our presence in structurally growing end‑markets.

Throughout 2025, we continued to strengthen our sustainability performance. Although there is not yet a formal statutory requirement to report in accordance with the CSRD, TKH prepared its 2025 sustainability statements based on the CSRD on a voluntary basis, as we did for 2024. In addition, we obtained a voluntary assurance on the sustainability statements. This again demonstrates our commitment to transparency, accountability, and responsible value creation throughout our value chains.

The commitment and passion of our employees remain instrumental in our progress. They provide a strong basis for future growth and underline our confidence in the strategic direction we have chosen.
 
We thank all our stakeholders for their continued trust and collaboration, which have supported our development and helped lay the foundation for long‑term value creation.