tiprankstipranks
Company Announcements

IMCD N.V. Reports Growth in 2024 Operating EBITA Amid Strategic Acquisitions

Story Highlights
IMCD N.V. Reports Growth in 2024 Operating EBITA Amid Strategic Acquisitions

IMCD N.V. ( (GB:0QVU) ) just unveiled an announcement.

IMCD N.V. reported a 3% increase in operating EBITA to EUR 531 million for 2024, with revenue rising by 6% to EUR 4.7 billion. The company successfully completed 12 acquisitions, contributing to its growth despite challenges such as currency fluctuations and inflation-driven cost increases. The results highlight IMCD’s strategic focus on sustainable growth and operational excellence, although free cash flow and net results saw a decline compared to the previous year.

More about IMCD N.V.

IMCD N.V. is a global leader in the distribution and formulation of specialty chemicals and ingredients, focusing on providing solutions across various industries.

YTD Price Performance: 0.63%

Average Trading Volume: 13,329

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €8.43B

See more insights into 0QVU stock on 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
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App