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Annual Report 2025
2025 was both a demanding and successful year for B. Braun. Across every area of care, our customers’ needs were our priority, with one clear goal: to ensure reliable supply and enable as many people as possible to receive high-quality medical care.
B. Braun is a leading medical technology company. We protect and improve the health of people around the world. Our goal is to make medical treatment more innovative, more efficient and more sustainable.
In the 2025 fiscal year, B. Braun sales grew 5.1 percent amid constant exchange rates. We maintained our long-term growth strategy and met our strategic target range of 5 to 7 percent in an environment that continues to be challenging. Sales increased by 2.8 percent to € 9.4 billion in the Group currency. All B. Braun divisions saw growth in the last fiscal year. Every region made a positive contribution at constant exchange rates.
| 2024 | 2025 | Change in percent | |
| Sales (in € million) | 9,137 | 9,396 | + 2.8 |
| EBITDA (in € million) | 1,089 | 1,220 | + 12.0 |
| Profit before taxes (in € million) | 257 | 461 | + 79.4 |
| Investments in sites and technologies (in € million) | 771 | 808 | + 4.8 |
| Research and development (in € million) | 526 | 584 | + 11.0 |
| Employees (as of December 31) | 64,262 | 66,821* | + 4.0 |
*New calculation basis from 2025 including employees in long-term absences
In total, we invested more than € 800 million in our global production network and in new technologies. These investments reflect our commitment to long-term thinking and sustainable growth—built on scalable capacity, resilient supply chains, and technology-driven innovation.
Research and development expenses increased 11.0 percent as planned to € 584.0 million. We aim to be a true partner to our customers and to set new standards in medical care through innovation—investing more than 6 percent of revenue in innovation and our future. We are continuously evolving our portfolio toward integrated, digitally connected solutions that bring together devices, software, consumables, and services into an intelligent, end-to-end system.
We develop integrated solutions by utilizing technologies and combining them with our products, services and applications. These integrated solutions are at the heart of connected care that strengthens patient safety, conserves resources, and sustainably improves quality of care. They can enable our customers to provide high quality patient care and to achieve simpler, more reliable, and more economical workflows.
Sustainability is firmly embedded as a corporate value in the corporate strategy. We understand that this means using the resources available to us in a way that is economically, ecologically and socially responsible. We make our business decisions with the generations of today and tomorrow in mind.
Our culture is characterized by trust, accountability and diversity. The commitment of our 66,821 employees worldwide is a key factor for our success. Through their different perspectives and experiences, they continuously drive new developments forward.
Through the consistent strengthening of our innovative power and performance, we continue to see growth potential for B. Braun. We remain a true partner to our customers and use our integrated solutions and new standards to help drive advancements in health care. At B. Braun, we are all working toward a single goal: to protect and improve the health of people around the world.
