on Pyrum Innovations AG (isin : DE000A2G8ZX8)
Pyrum Innovations AG Reports First Nine Months of 2024 Results
Pyrum Innovations AG has released its financial performance report for the first nine months of 2024. The company's sales increased by 29% to EUR 1,086 thousand, compared to EUR 842 thousand in the same period last year. The increase reflects strategic investments, particularly at its Dillingen/Saar headquarters and for the new site in Perl-Besch.
The consolidated net result showed a loss of EUR 7,982 thousand, slightly worse than the EUR 6,853 thousand loss in 2023. Despite this, liquidity improved, reaching EUR 6,284 thousand by the end of September 2024, due to additional loan tranches from BASF.
Pyrum's CEO, Pascal Klein, emphasized that these figures illustrate significant progress in their plant operations and ongoing investments in new locations. The company maintains its EBIT forecast for 2024 to be between EUR -10 and -12 million.
R. H.
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