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R&S Group Reveals Promising Preliminary 2024 Financial Results

R&S Group Holding AG has announced its preliminary financial figures for 2024, highlighting a significant rise in net sales to CHF 282.6 million, driven partly by the acquisition of Kyte Powertech. This marks a considerable increase from CHF 201.6 million in 2023, aligning with their forecast during the Capital Markets Day. A record order intake of CHF 305.5 million underscores the potential for future sales.

Strong profitability was posted with an adjusted EBIT of CHF 65.1 million, equivalent to a 23.0% margin. This was facilitated by elevated gross margins and productivity measures. Ending 2024 with a record order backlog of CHF 278.0 million, R&S Group sees continued robust demand across various sectors, including renewables and data centers. A promising start to 2025 supports their growth trajectory, with anticipated net sales growth of 12% and an EBIT margin of around 20%.

R. P.

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