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Industrie De Nora SpA ( (IT:DNR) ) has provided an announcement.
Industrie De Nora S.p.A. reported preliminary financial results for 2024 with a revenue increase of 2.6% at constant exchange rates and an adjusted EBITDA margin surpassing expectations at 18.2%, reflecting strong performances across its business segments. The company experienced substantial growth in its Water Technologies and Energy Transition segments, with revenues rising notably in the fourth quarter, driven by effective execution of backlog orders. This financial strength supports De Nora’s ongoing investment in R&D and production optimization, aiming to bolster its competitive edge and pursue growth strategies.
More about Industrie De Nora SpA
Industrie De Nora S.p.A. is an Italian multinational listed on Euronext Milan, specializing in electrochemistry and recognized for leading in the development of sustainable technologies.
YTD Price Performance: -9.11%
Average Trading Volume: 177,668
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.39B
Learn more about DNR stock on TipRanks’ Stock Analysis page.
