Resilience of ALTHEORA Results in 2024

ALTHEORA, a specialist in the transformation of composite materials and polymers, has published its 2024 annual results. Consolidated revenue reached €37.0 million, down from €41.3 million in 2023. This decline is explained by a global economic slowdown affecting the construction sector in particular, although this was partially offset by a diversification strategy.

Despite this unfavorable environment, EBITDA remained stable at €2.1 million, representing 5.8% of revenue and illustrating the group's rigorous management. Operating profit remained stable at -€0.9 million. ALTHEORA continues to execute its "CONFLUENCE 2030" plan, targeting an EBITDA of 10% in the future.

The group maintains stable net debt at €11.7 million, with shareholders' equity of €10.2 million. By preserving its margins and lowering its costs, ALTHEORA is preparing to benefit from a possible return to growth.