WashTec AG Reports Higher Than Expected 2024 Financial Results

WashTec AG has disclosed its preliminary, unaudited financial figures for 2024, revealing a significant increase in its EBIT, which stands at approximately €45 million, up from €41.9 million in 2023. This 9% increase surpasses initial forecasts that anticipated growth in the mid-single-digit percentage range. Additionally, the company's Return on Capital Employed (ROCE) rose to about 24%, compared to 21.5% the previous year, exceeding expectations of maintaining last year's level with a variance of one percentage point.

The announcement highlights WashTec AG's robust financial performance, with final figures set to be published on February 6, 2025. This performance underlines the company's resilience and ability to surpass financial targets in a competitive market.