Mersen Achieves Record Sales, Confirms 2024 Outlook

MERSEN (FR:MRN) has released an update.

Mersen reports a record-breaking first half with sales reaching €624 million, marking a 4.9% organic growth compared to H1 2023. The company has seen an increase in EBITDA margin to 16.9% and confirms its 2024 full-year outlook with expected organic growth around 5% and operating margins approximately 11%. Additionally, Mersen has expanded its US presence by integrating GMI and continues to strengthen its position in key markets such as aerospace, process industries, and energy.

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