on ENTECH (EPA:ALESE)
Entech records significant half-yearly growth in 2024
In the first half of 2024, Entech continued its growth with a turnover of 25.2 million euros, up 44% compared to 2023. The company recorded a positive Ebitda of 0.4 million euros, marking an improvement compared to a loss of 1.3 million in the same period last year. This performance demonstrates cost control and a strategy focused on three main activities.
Entech Construction, the main contributor with €19.2 million, saw a 40% increase, thanks to several major projects. Entech Solutions also posted a 62% increase, reaching €6 million, supported by a growing demand for solar roofs. Entech Energy & Services, although still young, contributes to network services.
Entech is targeting a turnover of 300 million euros by 2029, with an EBITDA margin between 20 and 25%, supported by new partnerships and an amplified growth strategy.
R. E.
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