Mersen Reports Strong 2024 Performance with Record Sales

Mersen, a global leader in electrical power and advanced materials, announced a robust financial year for 2024 with record sales reaching €1,244 million, a 2.6% organic increase compared to 2023. The company's operating cash flow was strong, surpassing previous levels, while maintaining a solid financial structure with a net debt leverage at 1.8x, which was better than anticipated.

For 2024, Mersen's net income attributable to shareholders was €59 million. The company proposed a dividend of €0.90 per share, consistent with its policy. Advanced Materials sales were notably driven by growth in the transportation market, while the Electrical Power segment showed a positive volume/mix effect, with a 60 basis point increase in the EBITDA margin.

Looking ahead, Mersen's 2025 guidance suggests stable or increased sales, with an EBITDA margin between 16% and 16.5%. The company confirms its medium-term objectives, including a significant investment cycle expected to yield results by 2028/2029.