on PREATONI GROUP (EPA:MLPRG)
Pro Kapital Grupp 2024 Financial Results: Decrease in Revenue but Projects Continue
Pro Kapital Grupp, a subsidiary of PREATONI Group, has presented its audited results for 2024. Revenue reached €18.2 million, down from €23 million in 2023. This decrease is explained by a focus on the construction of projects, with deliveries scheduled for 2025 and 2026.
Gross margin stood at €5.4 million, with a rate of 30%, almost stable compared to 2023. Operating profit fell to €0.1 million, while net profit showed a loss of €3.9 million, impacted in particular by the application of IFRS 9 on debt.
Operating cash flow was also negative, at €10.4 million. Furthermore, PREATONI Group has postponed the publication of its annual accounts due to accounting changes required by IAS 8.
R. P.
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