on SLR Group GmbH (isin : NO0013177949)
SLR Group Releases Second Quarter Results for 24/25
SLR Group GmbH has announced its financial performance for the second quarter of the fiscal year 24/25. The company reported net sales of EUR 42.1 million, representing a 28% decrease compared to Q2 23/24. Adjusted EBITDA for the period was EUR 8.1 million, yielding a margin of 17.8%.
The Group has revised its forecast for the fiscal year, now expecting total production and tons sold to reach 95 kilotons and an adjusted EBITDA of EUR 17 million. This adjustment follows the impact of challenging market conditions and the gradual effectiveness of their "Adapt & Grow" initiative.
Despite current challenges, SLR Group remains optimistic, anticipating a recovery in order intake as their core market segments show signs of improvement. The company aims to leverage customer relationships to boost sales as the year progresses.
R. E.
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