on ECT INDUSTRIES (EPA:ALNSE)
Strong Half-Yearly Growth for NSE
In the first half of 2024, NSE recorded a significant increase in its turnover, reaching €55.2 million, an increase of 56%. This growth is mainly driven by the Services BU, which grew strongly by +86.6%, due to the dynamism of the Defense sector. The Interconnection BU, now grouping together the former Integration and Design BUs, also contributed to this performance with growth of 12.5%.
EBITDA stood at €5.5 million, up 37%, reflecting sustained operating profitability. Net cash increased significantly, reaching €4.9 million, marking an increase of €2.9 million.
Based on these results, NSE anticipates a continuation of its growth momentum in the second half of 2024, with a forecast of improvement in EBITDA compared to 2023.
R. P.
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