Nabaltec AG Reports Stable Earnings in Q3 2024

Nabaltec AG continues to demonstrate solid earnings performance for the third quarter of 2024. Despite economic delays, the company reported consolidated revenues of EUR 158.2 million in the first nine months of 2024, marking a 1.5% increase compared to the previous year. The "Functional Fillers" segment saw a 3.8% rise, contributing EUR 114.1 million to the revenues. Conversely, "Specialty Aluminas" experienced a 4.1% decline, generating EUR 44.1 million.

EBITDA increased by 13.7% reaching EUR 25.8 million for the period. Operating profit (EBIT) climbed by 28.2%, amounting to EUR 16.8 million. The company's EBIT margin achieved 10.3%. Nabaltec anticipates a revenue growth of 2% to 4% for the financial year, expecting total revenues slightly higher than the previous EUR 200.1 million.

CEO Johannes Heckmann highlighted the positive development of products for battery production and the company's strong market position despite industrial challenges. Nabaltec's innovative products are positioned well for long-term growth, especially in stable markets like the cable industry.