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on ECT INDUSTRIES (EPA:ALNSE)

2024 Results Place NSE on a Growth Path

Stock price chart of ECT INDUSTRIES (EPA:ALNSE) showing fluctuations.

In 2024, NSE recorded record revenue of €103.6 million, a 35% increase compared to the previous year. This increase was mainly due to the momentum of the Services Business Unit (BU), which experienced significant growth of 54%. Group EBITDA also increased by 34%, reaching €10 million, despite the decline in net profit to €3.6 million. This decrease was the result of exceptional losses at the joint venture NSE TLS.

NSE's financial structure has significantly strengthened, with net cash and cash equivalents of €10.8 million. The group continues to display a solid outlook for 2025, with a strategic focus on developing new markets, particularly in the defense and aeronautics sectors.

R. E.

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