on MGI DIGITAL GRAPHI (EPA:ALMDG)
MGI Digital Technology: Strong growth in revenue and results in 2024
MGI Digital Technology announced revenue of €67.6 million for the 2024 financial year, a significant increase of 41%. This performance is partly attributed to a patent defense agreement, which added €10 million in licensing revenue.
The Group's operating profit increased by 39%, reaching €10.4 million. The net margin stood at 16.3%, supported by a solid cash position of €35.5 million at the end of 2024.
For 2025, MGI plans to capitalize on the success of its new equipment presented at DRUPA and continue its diversification into electronics through ALTIX. The group anticipates double-digit growth starting in the first half of 2025.
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 MGI DIGITAL GRAPHI news