on VT5 Acquisition AG (isin : CH1107979838)
R&S Group Reveals Promising Preliminary 2024 Financial Results
R&S Group Holding AG has announced its preliminary financial figures for 2024, highlighting a significant rise in net sales to CHF 282.6 million, driven partly by the acquisition of Kyte Powertech. This marks a considerable increase from CHF 201.6 million in 2023, aligning with their forecast during the Capital Markets Day. A record order intake of CHF 305.5 million underscores the potential for future sales.
Strong profitability was posted with an adjusted EBIT of CHF 65.1 million, equivalent to a 23.0% margin. This was facilitated by elevated gross margins and productivity measures. Ending 2024 with a record order backlog of CHF 278.0 million, R&S Group sees continued robust demand across various sectors, including renewables and data centers. A promising start to 2025 supports their growth trajectory, with anticipated net sales growth of 12% and an EBIT margin of around 20%.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all VT5 Acquisition AG news