BRIEF

on ECT INDUSTRIES (EPA:ALNSE)

Strong Growth of ECT Industries in the First Half of 2024

Stock price chart of ECT INDUSTRIES (EPA:ALNSE) showing fluctuations.

The NSE group, specializing in electronic equipment for various sectors, including Defense and Aeronautics, announced a consolidated turnover of €55.2 million in the first half of 2024, recording an increase of 56%. This growth results from the dynamic initiated in 2023.

The Services Business Unit (BU) saw its activity almost double with growth of 86.6%, mainly thanks to the Defense markets. The Interconnection BU, now bringing together Integration and Design, also grew by 12.5%, supported by Defense and Civil Aeronautics.

For the second half of 2024, NSE expects this dynamic to continue, anticipating an improvement in its EBITDA compared to 2023. Growth will be driven by the Defense sector and the diversification of activities.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all ECT INDUSTRIES news