on VM MATERIAUX (EPA:VMMA)
HERIGE: 2024 Results and Outlook
HERIGE has published its annual results for 2024, marked by a decline in turnover to €406.1 million, a decrease of 11.9% compared to 2023. The crisis in the construction sector affected overall performance, leading to a €15.2 million impairment of goodwill with no cash impact.
Despite these challenges, HERIGE has strengthened its financial structure, posting net cash of €58.5 million. Net income stood at €15.4 million, boosted by the sale of the Trading division. The year 2025 promises to be a year of performance-based actions to ensure sustainable growth.
Faced with a gloomy economic climate and a changing construction market, HERIGE is banking on innovation and improved performance to consolidate its strategic position.
R. H.
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