(Finance) – Carel Industries has filed the 2024 exercise with consolidated revenues which amount to € 578.5 million, compared to € 650.2 million to 31 December 2023, down by 11%. Net of the variation of perimeter linked to the consolidation of Kiona and Eurotec (€ 17.4 million) and the marginal negative effect of the changes, the drop would have been equal to 13.7%.
The consolidated Ebitda as of 31 December 2024 is equal to € 104.9 million, down (-23.6%) compared to the € 137.2 million registered in the
2023. The net result consolidated equal to € 62.6 million is down by 11.7% compared to € 70.9 million at 31 December 2023.
Net financial position negative consolidated equal to € 50.2 million (compared to Euro 35.7 million to 31 December 2023) inclusive of the accounting effect linked to the application of the IFRS16 equal to Euro 31.5 million. The increase in the net financial position is due to the acquisition of the remaining 49% of the share capital of CFM (€ 44.3 million).
The Board of Directors has decided to propose the payment of a dividend equal to € 0.165
per action, which will be payment on June 25, 2025 (Data detachment of the coupon 23 June 2025 – record dates 24 June 2025).
Outlook
“The first months of 2025 describe a year still characterized by strong uncertainty, exacerbated by the prospects of commercial wars with
The imposition of significant mutual duties, in particular between the United States and various countries “, reads the note of the accounts. In this scenario,” it remains, therefore, one Visibility on the limited future results. Taking into account this and the fact that the significantly positive trend of the order portfolio, found in the first months of the year, needs a certain period of time to translate into results, the group expects recables as of March 31, 2025 close to those of the same period of 2024 and oneacceleration of performance starting from the second quarter“.