Despite a sharp drop in profits, MDAX companies are not cutting back on investment in research and development (R&D) overall. Although the EBIT margin slumped from 2021 to 2023, R&D expenditure increased in line with turnover over the same period.
Winners of the ranking come from various sectors. Healthcare/pharma stand out as particularly innovative
The companies SMA Solar (1st place), Aixtron (2nd place) and Hugo Boss (3rd place) performed particularly well in the innovation ranking. With MorphoSys (5th place), Gerresheimer (9th place) and Carl Zeiss Meditec (10th place), three companies from the healthcare/pharma sector are among the top 10 most innovative companies in the MDAX.
Automotive suppliers invest the most in research and development in absolute terms – Lufthansa and Delivery Hero invest significantly more again
The two automotive suppliers HELLA and Knorr Bremse are the leaders in absolute terms. Lufthansa and Delivery Hero recorded the strongest percentage growth in R&D expenditure from 2021 to 2023.
Transportation and logistics companies recorded strong profit growth, while the consumer, chemicals/materials science and telecommunications sectors in particular suffered
The companies Fraport, Lufthansa and Sixt were able to report substantial profit increases and significantly increase their EBIT after difficult years due to the pandemic. High prices, unfavorable financing conditions and rising interest rates are impacting the consumer, telecommunications and chemicals/materials science sectors in particular, in addition to individual challenges.
Use of artificial intelligence drives growth and efficiency in all sectors
In addition to the ranking, the online presence of MDAX companies in the innovation topic of artificial intelligence (AI) was also examined. The first-placed company in the field of AI is surprising, as it came last in the innovation ranking.