Accelleron Industries AG ( (CH:ACLN) ) has issued an update.
Accelleron Industries AG announced a significant milestone, surpassing USD 1 billion in sales for 2024, marking an 11.8% increase from the previous year. The company’s net profit saw a remarkable 63.1% increase, driven by strong demand in the shipping and energy sectors, particularly in emergency power solutions for data centers. Accelleron’s strategic acquisitions and focus on new fuels and digital solutions have bolstered its market position, with a proposed dividend increase reflecting confidence in its financial health. Looking forward, the company anticipates continued growth, leveraging its service network and customer relationships to expand digital offerings and capitalize on opportunities in the decarbonizing shipping industry and flexible energy generation.
More about Accelleron Industries AG
Accelleron Industries AG is a global technology leader specializing in turbochargers, fuel injection, and digital solutions for the marine and energy industries. With a history spanning over 100 years, the company is dedicated to accelerating sustainability in heavy-duty applications, serving customers in over 50 countries with more than 100 locations worldwide.
YTD Price Performance: -6.03%
Average Trading Volume: 639
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $4.49B
Learn more about ACLN stock on TipRanks’ Stock Analysis page.
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