Semperit's 2024 Financial Year: Earnings Surge Despite Challenges

In 2024, Semperit AG Holding marked a turning point with a 21% rise in EBITDA, reaching EUR 84.9 million, pushing the margin up to 12.5%. This improvement followed a focused strategy on elastomer products after exiting the glove business. Revenue stabilized at EUR 676.6 million amidst economic difficulties.

Earnings after taxes rebounded to EUR 11.5 million from a previous deficit. Free cash flow soared by 74% to EUR 45.8 million, demonstrating strong financial resilience. The company plans to maintain a steady dividend of EUR 0.5 per share.

Operationally, both Semperit Industrial and Engineered Applications experienced varied performances but collectively enhanced profitability. Cost-cutting measures, initiated in 2023, fortified Semperit's market position, preparing it for future growth and investment opportunities.