(Finance) – Antares Vision ended 2024 with revenues For 208 million euros (+2% for the same perimeter) e orders 9%growth. The company also provided for a Adjusted Ebitda Margin higher than the Guidance 2024 (11.5-14%) a PFN/Ebitda Ratio for Y/E 2024 less than the indications of 4.1 – 3.3x and compared to 7.8x recorded at the end of 2023. In light of the solid acceleration of the Orders in the fourth quarter 2024 (up +16% y/y vs. +6% y/y recorded in the first 9 months), the top management provides for a positive start of 2025.
“During 2024, the group has paid great attention to the generation of cash and the implementation of new processes and procedures that have already allowed, already in the second half of 2024, to obtain a decisive improvement in profitability – he commented Gianluca MazzantiniTo and general manager of Antares Vision Group -. In continuity with the history of the group, we have maintained a great focus on research & development activities, mainly directing efforts to the creation of strategic/commercial value and to improve the offer of services and products for our customers. These actions, supported by the “One Company” organizational process and by a renewed commercial structure, already allow us today, and will allow us in the future, to take advantage of in a coordinated and structured way of market opportunities. The acceleration recorded in the volumes and in the Intake order of 4q 2024 comforts us on the actual solidity of the actions taken “.