on Masterflex SE (isin : DE0005492938)
Masterflex SE Reports Record Operating Results for 2024
Masterflex SE announced record EBITDA and operating EBIT for the 2024 financial year. According to preliminary figures, EBITDA reached EUR 18.2 million, surpassing the previous year's EUR 17.9 million. Operating EBIT increased to EUR 12.7 million from EUR 12.6 million, improving its margin to 13.0% from 12.4%.
The company reported sales revenue of EUR 98.1 million, slightly below last year's EUR 101.1 million. Despite economic challenges, particularly in Europe, the strong earnings resulted from a favorable product mix and efficiency improvements.
The medical technology sector faced inventory and project delays, while segments like food, semiconductor, and aerospace saw growth.
CEO Dr. Andreas Bastin expressed confidence in maintaining robust performance despite economic obstacles.
R. E.
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