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on SANHA GmbH & Co. KG (isin : DE000A1TNA70)

SANHA GmbH & Co. KG Sees Earnings Growth in 2024 Amid Tough Conditions

SANHA GmbH & Co. KG reported an increase in earnings for the 2024 financial year, with revenues reaching EUR 124.1 million, a growth of nearly 2% from the previous year. The company's gross profit rose to EUR 75 million, significantly boosting its EBITDA to EUR 21.5 million, with a margin of 17.4%.

Despite challenges such as geopolitical instability and a weak German construction sector, the manufacturer of plumbing and heating systems benefited from increased efficiency and strategic investments. The EBIT also grew to EUR 15.7 million, maintaining a margin of 12.7%.

SANHA received a Gold status from EcoVadis for its sustainability efforts, marking its position among the top 5% evaluated globally. Looking ahead, 2025 is expected to present a difficult market, but SANHA projects positive earnings, aiming to fortify its equity and reduce debt while sustaining its diversified financial structure.

R. E.

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