Financial

Price Sensitive

The Board approves the Consolidated Results for the First Half of 2024

Second quarter with increased revenues up 6.1% YoY at constant exchange rates, thanks to the development of all business segments

Positive market momentum continues for the Water Technologies Business, driven by the Pools line up 33% YoY in the second quarter

Adjusted EBITDA1 margin of 18.8% in the first half-year 

Backlog up 3% vs. December 2023

Energy Transition: delivered about 600 MW of dedicated green hydrogen technologies in the half-year, 1.9 GW cumulative figure from 2022 

* * *

2024 - 2026 PLAN
Targets confirmed for the Electrode and Water Technologies business segments. Guidance on the Energy Transition business is being revised due to regulatory dynamics and the development of the green hydrogen market

 

1. Starting from the first half of 2024, De Nora, in order to better represent the Group’s operating profitability, decided to change the calculation of EBITDA and Adjusted EBITDA by including Accrual, Utilization, and Release of Provisions for risks and charges, which were previously classified below EBITDA. The figures for the first half of 2023 have been amended accordingly. For more information, see the “Alternative Performance Indicators” section at the end of this press release.