Bewi ASA (DE:5T0) has released an update.
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BEWI ASA, a provider of packaging and insulation solutions, reported a lower net sales of 277 million euro and adjusted EBITDA of 29 million euro for Q2 2024, compared to the same period last year. Despite a cautious market, the company strengthened its balance sheet with over 100 million euro in liquidity and plans to focus more on insulation and reduce automotive industry exposure. BEWI remains confident in capturing profitable growth opportunities and is adjusting to market conditions with cost and capacity measures.
For further insights into DE:5T0 stock, check out TipRanks’ Stock Analysis page.
