sur Brockhaus Capital Management AG (isin : DE000A2GSU42)
Brockhaus Technologies Shows Strong Growth in 9M 2024
Brockhaus Technologies AG reported significant growth and high profitability for the first nine months of 2024. The company's revenue rose by 22.9%, reaching €175 million, while adjusted EBITDA increased by 25% to €68 million, yielding a margin of 38.8%. The company's performance aligns with its 2024 forecast.
The HR Benefit & Mobility Platform segment saw a 33.5% revenue boost to €151.1 million, driven by customer transitions to a variable leasing factor. However, economic challenges led to a decline in new orders. The Security Technologies segment experienced a 17.8% revenue decline, affected by project fluctuations and late order specifications.
Despite these challenges, Brockhaus confirms its 2024 forecast with expected revenues between €220 million and €240 million, and adjusted EBITDA between €80 million and €90 million.
R. P.
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