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EPC Groupe Reports Growth in 2024 Driven by Explosives Segment

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EPC Groupe Reports Growth in 2024 Driven by Explosives Segment

An announcement from Societe Explosifs et Produits Chimiques SA ( (FR:EXPL) ) is now available.

EPC Groupe reported a 3.2% increase in consolidated sales for 2024, driven by strong performance in the Explosives and Drilling & Blasting segment, particularly in the Africa-Asia-Pacific region and a recovery in Europe. Despite a downturn in the Urban Mining business due to the Paris Olympic Games, the company saw a dynamic end to the year with a 6.3% sales increase in Q4. The first-time consolidation of Vibraquipo and Blastcon Australia contributed positively to growth, while exchange rate fluctuations also had a favorable impact.

More about Societe Explosifs et Produits Chimiques SA

EPC Groupe operates in the civil explosives industry, focusing on products and services related to explosives, drilling, and blasting. The company has a significant market presence in regions such as Africa, Asia-Pacific, Europe, and the Americas.

YTD Price Performance: 3.46%

Average Trading Volume: 6

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €433M

For a thorough assessment of EXPL stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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