on OENEO (EPA:SBT)
OENEO: Half-yearly results 2024-2025
The Oeneo group has posted solid half-year results for the 2024-2025 financial year. Despite a slight decrease in turnover to €153.0 million, profitability has seen a notable improvement thanks to the Closures division. The current operating margin reached 15.5%, an increase of 2.4 points compared to the previous year.
The Closures division recorded a 7.3% growth in its turnover, thanks to the Diam range, which offsets the 16% decline in the Livestock division impacted by unfavorable market conditions. Current operating income amounted to €23.7 million, up 16.8%.
The group remains vigilant for the second half of the year due to uncertain prospects linked to the low volume of harvests and global wine consumption. Net debt is at 25.2% of equity, a level considered healthy.
R. E.
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