on CERINNOV GROUP (EPA:ALPCV)
Cerinnov Group: 2024 Turnover in Decline
Cerinnov Group, a specialist in industrial equipment for ceramics and glass, has published a turnover of 12.4 million euros for 2024, marking a decrease from 14.5 million euros in 2023. This decrease is mainly due to the political and geopolitical uncertainties that have affected the global economy, reducing customers' visibility and slowing down their investment decisions.
The decline was compounded by a collapse in the traditional ceramics market, with sales halving. However, diversification provided some resilience with notable growth in technical ceramics, the luxury sector, and recurring sales of consumables.
Cerinnov Group anticipates a stabilization in 2025, supported by a possible rebound in the traditional market, strong demand for technical ceramics, and the partnership with Eco-Tech Ceram. The 2024 annual results will be published on April 24, 2025.
R. P.
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