on TRONIC'S MICROSYSTEMS S.A. (EPA:ALTRO)
Tronics Announces Half-Year Results
On December 20, 2024, Tronics, a subsidiary of TDK, published its financial results for the first half of the 2024-2025 financial year. Revenue from continuing operations increased by 10% to €7.55 million compared to the same period in 2023. Manufacturing activities generated €6 million, while engineering services doubled to €1.5 million, supported by the Magelan platform.
Consolidated operating income amounted to EUR 0.88 million, compared to EUR 0.64 million in the previous year, thanks to better operational performance. Net income reached EUR 0.6 million. The company expects a slight decrease in turnover in the second half but anticipates overall growth over the year.
The financial structure remains precarious with equity at -5.6 million euros and a gross financial debt of 11.6 million euros, mainly to TDK Electronics AG. The balance sheet shows a cash position of 0.1 million euros.
R. P.
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