on ENOGIA (EPA:ALENO)
ENOGIA: 2024 assessment and 2025 outlook
ENOGIA announces positive results for the year 2024 with a turnover of €8.0 million, representing an increase of 58% compared to 2023. EBITDA stands at +€0.5 million, showing a margin of 6.4%. Order intake reached €15.6 million, while the order book totals €14.5 million.
The company's two main activities, ORC modules and innovative turbomachinery, saw significant growth. In 2024, the company implemented an operational efficiency plan, allowing a reduction of net losses by more than half, to -€1.0 million.
For 2025, ENOGIA is targeting revenue growth of over 50% and positive free cash flow. The company also expects to achieve positive net income and plans to present its medium-term strategy in the summer of 2025.
R. E.
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