Cerinnov Group announces its 2023 turnover and its outlook for 2024

Cerinnov Group, specializing in industrial equipment for ceramics and glass, reports a turnover of 14.5 million euros for the year 2023, maintaining stability compared to the previous year. This performance is attributed to extended lead times, preventing them from achieving anticipated growth. Despite this, the company has seen a notable commercial acceleration towards the high value-added technical ceramics market.

The group also announced an increase in its order book and anticipates a growing EBITDA margin for 2023. Cerinnov Group is highlighting its strategy focused on key sectors such as electric mobility and low-carbon energies, markets with high consumption of technical ceramics. This strategic direction should continue to guide the company into 2024, capitalizing on a growing technical ceramics market.

Furthermore, Cerinnov Group plans to capitalize on its positions in the traditional ceramics market while positioning itself advantageously in sectors with high growth potential. The publication of the 2023 annual results is expected on April 11, 2024.