Gerresheimer finds 2024 revenue-recognition issues after external probe
Published by Global Banking & Finance Review®
Posted on October 25, 2025
1 min readLast updated: January 21, 2026

Published by Global Banking & Finance Review®
Posted on October 25, 2025
1 min readLast updated: January 21, 2026

Gerresheimer identifies revenue recognition issues for 2024 after an external probe, impacting contracts worth 3 million euros.
(Reuters) -Medical equipment maker Gerresheimer said it has obtained the initial findings from an investigation by an external law firm into the recognition of revenue and profit from bill-and-hold agreements in the 2024 financial year.
In September, Germany's financial regulator BaFin said it would review Gerresheimer's financial statements as of November 30, 2024, adding the company may have recognised revenue for some contracts with customers before the revenue was actually realised.
The group, whose products include injector pens for weight-loss drugs, vials and inhalers, said that after the BaFin investigation, the company commissioned an external investigation into the finances.
The company said on Saturday that based on the law firm's findings, the requirements for revenue recognition were not met for a contract with a volume of around 3 million euros ($3.50 million).
Gerresheimer also said it would have the law firm review other bill-and-hold agreements concluded in the 2024 financial year.
($1 = 0.8575 euro)
(Reporting by Chandni Shah in Bengaluru; Editing by Matthew Lewis)
Revenue recognition is an accounting principle that determines when revenue is officially recorded in the financial statements of a company, typically when it is earned and realizable.
Bill-and-hold agreements are arrangements where a seller bills a customer for goods but retains physical possession of the goods until a later date, often used for inventory management.
BaFin, or the Federal Financial Supervisory Authority, is Germany's financial regulatory authority responsible for overseeing banks, financial services, and insurance companies to ensure stability and compliance.
Financial statements are formal records of the financial activities and position of a business, including the balance sheet, income statement, and cash flow statement.
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