Curated News
By: NewsRamp Editorial Staff
March 24, 2025
Aquafil Group (ECNL.MI) Reports Strong EBITDA Margins and Growth in ECONYL® Sales in 4Q24
TLDR
- ECNL experienced volume growth in EMEA and Asia with ECONYL® sales contributing 57.2% to revenue, enhancing market position.
- ECNL reported revenue, adj EBITDA, and adj EPS of €128.4M, €14.3M, and (€0.09) respectively with expectations met in key markets.
- ECONYL® contributes significantly to ECNL's revenue, aiming for 60% by FY25, promoting sustainable practices and financial stability.
- Stonegate Capital Partners updates coverage on Aquafil Group ECNL, highlighting strong EBITDA margins and growth prospects in key markets.
Impact - Why it Matters
This news matters as it showcases Aquafil Group's resilience in challenging markets, with a strategic focus on profitability and debt reduction. Investors can track the company's progress in increasing ECONYL® sales and improving financial metrics, indicating a positive outlook for future growth and valuation.
Summary
Aquafil Group (ECNL.MI) reported improved EBITDA margins in 4Q24 despite revenue declines, driven by strong ECONYL® sales. North American market showed signs of recovery in fiber products, with increasing orders in early FY25. Stonegate Capital Partners updated coverage on ECNL, highlighting the company's focus on debt repayment and capital increase operation.
Source Statement
This curated news summary relied on this press release disributed by Reportable. Read the source press release here, Aquafil Group (ECNL.MI) Reports Strong EBITDA Margins and Growth in ECONYL® Sales in 4Q24
