on ENOGIA (EPA:ALENO)
ENOGIA Reports 58% Revenue Increase in 2024
ENOGIA has announced a 58% increase in revenue for 2024, totaling €8 million. This significant growth is a testament to the company's strategic partnerships and strong commercial momentum. The order book also saw a robust growth, reaching €14.5 million by year-end.
The ORC Modules division recorded €6.9 million in revenue, a 55% rise, fueled by major projects in the maritime, geothermal, and industrial sectors. Innovative Turbomachinery also showed impressive growth, with a 77% revenue increase, driven by demand for customized turbomachinery solutions.
To boost market presence, ENOGIA finalized key partnerships with firms like Hevatech and Atlas Copco Airpower. These collaborations aim to leverage complementary offerings and global networks.
ENOGIA's strong order book positions it well for sustainable growth, backed by contracts in diverse sectors.
R. H.
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