BRIEF

on OENEO (EPA:SBT)

Oeneo: Growth and Resilience in the 2nd Quarter

Stock price chart of OENEO (EPA:SBT) showing fluctuations.

Oeneo announced a return to growth with a 1.5% increase in its turnover in the 2nd quarter of 2024-2025, reaching 78.7 million euros. This result is mainly driven by the Closures Division with an increase of 7.9%, thanks in particular to the performance of the Diam range. Conversely, the Livestock Division experienced a decrease of 6.8% due to a high comparison base.

Despite uncertain visibility for the second half of the year, Oeneo maintains its high-end positioning. The group anticipates an improvement in its operating profitability, with a forecast margin of 15%, compared to 13.1% previously. The innovation strategy and strengthening market shares remain priorities to adapt to current market challenges.

R. E.

Copyright © 2024 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 OENEO news