on CERINNOV GROUP (EPA:ALPCV)
Cerinnov Group: 2024 Results and Reorganization Procedure
Cerinnov Group, a major player in robotic engineering for the ceramics and glass industry, has published its 2024 results. Revenue reached €12.4 million, down compared to 2023. EBITDA plummeted to €223,000, representing 1.8% of revenue. Net losses amounted to €3.375 million.
Facing financial difficulties, Cerinnov Group and its subsidiary are under court-ordered restructuring. The company is seeking a buyer to support its operations and preserve jobs. A call for tenders has been launched, with a deadline of November 12, 2025.
Meanwhile, significant receivables and outstanding payments are disrupting cash flow. However, other subsidiaries of the group are continuing their operations as normal.
R. P.
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