IRCE SpA (IT:IRC) has released an update.
IRCE S.p.A. reported a net profit of €7.11 million for the first nine months of 2024, despite a 1.7% decline in consolidated revenue due to lower sales volumes. The company’s EBITDA improved to €18.64 million, reflecting a resilient operational performance amid weak market demand. Looking ahead, IRCE anticipates continued challenges in demand but remains optimistic about long-term growth prospects with new production facilities expected in the Czech Republic and China.
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