on CERINNOV GROUP (EPA:ALPCV)
Cerinnov Group: A Decline in Turnover in 2024
The Cerinnov group, specializing in robotic engineering and equipment for the ceramic and glass industry, has announced a drop in its annual turnover for 2024, bringing it to €12.4 million, compared to €14.51 million in 2023. This drop is mainly explained by global economic uncertainties and reduced demand for traditional ceramics, impacted by the drop in purchasing power due to inflation.
Despite this context, some segments such as technical ceramics and luxury have shown positive dynamics, with progress thanks to a proactive commercial strategy. The company expects to stabilize its activity in 2025, thanks in particular to a partnership with Eco-Tech Ceram and an expected recovery of the traditional ceramics market.
R. E.
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