The company achieved a 12.3% increase in turnover, reaching €3.2 billion due to strategic acquisitions and digital advancements, such as the successful integration of Pmflex and Eficia. Adopting SAP S4/HANA notably enhanced operational efficiency and customer data management across over 50 subsidiaries.

Hager Group's commitment to sustainability is evident in its comprehensive sustainability strategy E3, focusing on ethics, employees, and the environment. The 2023 sustainability report, following GRI standards, highlights the company's progress and daily practices in transitioning to a low-emission business and its role as a facilitator of the energy transition. The report reveals a 14% reduction in CO2 emissions directly connected with operations and processes (scope 1+2) in 2022 through renewable energies and investments in renovations and construction for high sustainability standards. Furthermore, Hager Group was awarded the Ecovadis Gold certification in early 2024, placing the company among the top 5% globally rated companies.
 
CEO Sabine Busse emphasised, "In 2023, Hager Group showed strong financial and non-financial performance. Our strategic initiatives and commitment to sustainability have driven growth and efficiency improvements. Digitalising our products, processes, and tools is especially crucial as it enables us to become more sustainable. I am proud of our teams' dedication to innovation and environmental responsibility, positioning us as a leader in the industry and a catalyst for the energy transition." 
 
Chief Human Resources Officer Franck Houdebert added, "Caring for our people and promoting an inclusive culture are central to our performance and sustainable success. Our strategic actions in sustainability benefit the environment and enhance employee engagement and organizational resilience. Our collective effort enables us to achieve these remarkable milestones." 
 
Hager Group has strengthened its position as a leading company in the energy transition by focusing on sustainability, digital innovation, and customer-centric solutions. It operates in over 100 countries with over 13,000 employees and is committed to creating long-term value for its customers, partners, and employees. 

The full Annual Report and Sustainability Report can be downloaded from the Hager Group website.