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ENOGIA Reports Strong Growth and Operational Gains

ENOGIA Reports Strong Growth and Operational Gains

Delfingen Industry SA (FR:ALDEL) has released an update.

ENOGIA has reported a robust first-half of 2024 with revenues increasing by 53% to €3.6 million, achieving a breakeven EBITDA, and confirming all financial targets for the year, including a revenue growth greater than 50%. The company has seen significant operational improvements and cost savings, resulting in a positive cash flow and a substantial reduction in net loss from the previous year. These results are propelled by diversified orders and the expansion of both its ORC Modules business and the Innovative Turbomachinery division.

For further insights into FR:ALDEL stock, check out TipRanks’ Stock Analysis page.

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