Annual Report 2024

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Procurement

In 2024, the cost of raw materials and supplies and of purchased components and services was €6,053 million (2023: €6,137 million). An efficient value chain is important for our profitability. In an environment characterized by ongoing cost-containment pressure from health insurers, as well as price pressure, security and quality of supply play an important role. Within each business segment of the Fresenius Group, procurement processes are coordinated centrally, enabling us to bundle similar requirements, negotiate global framework agreements, constantly monitor market and price trends, and ensure the safety and quality of materials.

Cost of materials and supplies and purchased components

€ in millions

 

2024

 

2023

Cost of raw materials and supplies

 

4,782

 

4,857

Cost of purchased components and services

 

1,271

 

1,280

Total

 

6,053

 

6,137

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