sur CENIT AG (isin : DE0005407100)
CENIT AG Releases Preliminary Financial Statements for Fiscal Year 2024
On February 20, 2025, CENIT AG announced preliminary financial results for the 2024 fiscal year, revealing a 12.2% rise in group revenues to EUR 207 million. However, the EBITDA growth was only 3.4%, reaching EUR 17 million, which fell short of the October 2024 forecast of EUR 17.9 to EUR 18.4 million. The company cites economic challenges in France and Germany and a shift to the Saas model as factors impacting their earnings.
Despite ongoing restructuring efforts resulting in significant cost reductions, CENIT AG's EBIT was reduced to a range of EUR 7.2 to 7.4 million, below the forecasted EUR 8 to 8.5 million. Provisions for restructuring were a key factor in this discrepancy, pending auditor review. Final statements will include the 2025 forecast.
R. E.
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