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Industrie De Nora Reports Solid 2024 Financial Performance and Strategic Growth Plans

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Industrie De Nora Reports Solid 2024 Financial Performance and Strategic Growth Plans

The latest announcement is out from Industrie De Nora SpA ( (IT:DNR) ).

Industrie De Nora reported a 2.6% increase in revenues at constant exchange rates for 2024, with a solid order intake growth of 15%, providing strong visibility for 2025. The company achieved a net profit of 88.8 million Euros and proposed a dividend of 0.104 Euros per share. The company plans to focus on low single-digit revenue growth driven by water and energy transition segments, maintaining a stable financial position to support investments and potential M&A opportunities. The launch of the Dragonfly® electrolyzer and expansion of production capacity in China, Japan, and Germany highlight its commitment to sustainable growth despite challenging macroeconomic conditions.

More about Industrie De Nora SpA

Industrie De Nora S.p.A. is an Italian multinational company listed on Euronext Milan, specializing in electrochemistry. It is a leader in sustainable technologies and the green hydrogen industry, focusing on developing innovative solutions for water and energy transition segments.

YTD Price Performance: 32.63%

Average Trading Volume: 228,265

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2.02B

See more data about DNR stock on TipRanks’ Stock Analysis page.

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