on BIO-INOX (isin : FR001400UBS7)
Bio-Inox 2024 annual results: growth and profitability on the rise
Bio-Inox has released its results for 2024, with revenue of €9.4 million, up 16.4% from the previous year. The company, which specializes in manufacturing tanks for various industrial sectors, also recorded a net profit of €0.6 million, up 75.1%.
This improvement is attributed to positive momentum in the industrial segment, the entry into new markets in the cosmetics sector, and the strengthening of its after-sales service. In 2024, 97% of revenue was generated in France. Control of fixed costs enabled the operating margin to increase to 8.6%.
The 2024 balance sheet shows equity of €2.8 million and financial debt reduced to €0.3 million. Gross cash flow doubled to €3.8 million.
R. P.
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