Cabka N.V. ( (NL:CABKA) ) just unveiled an announcement.
Cabka N.V. announced its preliminary 2024 financial results, showing resilience despite challenging market conditions. The company reported a decline in sales and net income but improved its gross profit margin. Strategic efforts included enhancing in-house production, introducing new technologies, and focusing on higher value-add products. The company decided not to pay a dividend for 2024 to maintain financial stability and support ongoing initiatives. Cabka aims to focus on cash generation and operational excellence in 2025, with expectations for sales and EBITDA to remain stable.
More about Cabka N.V.
Cabka N.V. is a company that specializes in transforming hard-to-recycle plastic waste into innovative reusable transport packaging. It is listed on Euronext Amsterdam and focuses on providing sustainable packaging solutions.
YTD Price Performance: -6.67%
Average Trading Volume: 1,380
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €49.92M
For a thorough assessment of CABKA stock, go to TipRanks’ Stock Analysis page.