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In 2025, we are celebrating our 80th anniversary – eight decades of passion for sound and a strong sense of responsibility as an independent family-owned company. Throughout the 2024 fiscal year, we continued to consolidate our position in the professional audio market and introduced innovative solutions. Building the future of audio means investing in the future, which is why we are investing specifically in new products, digital processes, and our production sites in Germany and Romania. This year's annual report invites you to look back on a year full of transformation, vision, and sound innovation – and to get to know the Sennheiser Group as a company that has created unique audio experiences around the globe for eight decades.
 

Turnover

  • Turnover development of the Sennheiser Group

    In € millions / change from previous year in percent
     
    With its focus on the professional audio business, the Sennheiser Group generated a turnover of €492.3 million in fiscal year 2024. After three consecutive years of growth, the family-owned company is now reporting a moderate revenue decline of 6.6 percent, or €34.9 million, compared to the previous year.
  • Turnover by region

    In € millions / change from previous year in percent
     
    The EMEA region continued to generate the highest revenue in 2024 with €232.1 million. In its home market of Germany, the Sennheiser Group recorded revenue of €78.8 million.
     
    In the APAC region, the Sennheiser Group achieved revenue of €109.7 million.
     
    The Americas region generated total revenue of €150.5 million in fiscal year 2024.

Turnover development of the Sennheiser Group

In € millions / change from previous year in percent
 
With its focus on the professional audio business, the Sennheiser Group generated a turnover of €492.3 million in fiscal year 2024. After three consecutive years of growth, the family-owned company is now reporting a moderate revenue decline of 6.6 percent, or €34.9 million, compared to the previous year.
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Turnover development of the Sennheiser Group

Research & Development

  • Investments in Research & Development

    In 2024, the Sennheiser Group invested about €49 million in research and development of new audio technologies.
     
  • Patents

    In 2024, 22 new patents were registered. In total, the Sennheiser Group holds 235 patents (patent families); including 182 granted patents.
     
     
     
  • Development centers

    In 2024, the Sennheiser Group had seven development locations to build the future of the audio world. Two of them in Switzerland (Zurich and Puidoux) and five of them in Germany: Wennebostel, Berlin, Duisburg, Dusseldorf, and Hamburg.

Investments in Research & Development

In 2024, the Sennheiser Group invested about €49 million in research and development of new audio technologies.
 
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Investments in Research & Development

Our Executive Management Board

The Executive Management Board (EMB) of Sennheiser is led by our Co-CEOs Dr. Andreas and Daniel Sennheiser. It consists of representatives from all three business units, as well as the Supply Chain, Development, and Corporate Functions. Additionally, the Corporate Development Office and Brand & Corporate Communications are part of the extended EMB. 

About our Supervisory Board

The Board of Directors of Sennheiser electronic SE & Co. KG held four ordinary and one extraordinary meeting in the past financial year. The Board consisted of the following members: Andreas Dornbracht (Chairman), Prof. Dr. Jörg Sennheiser (Honorary member), Iris Epple-Righi and Stephan Plenz. 

On 1 February 2024, Sennheiser electronic GmbH & Co. KG was renamed Sennheiser electronic SE & Co. KG. In this context, the current Supervisory Board was transferred to the new Board of Directors. This now consists of the previous Supervisory Board members as well as Dr. Andreas and Daniel Sennheiser as Managing Directors.