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An announcement from Cerinnov Group SA ( (FR:ALPCV) ) is now available.
Cerinnov Group reported a decline in revenue for 2024, primarily due to geopolitical uncertainties and a significant drop in the traditional ceramics market. Despite this, growth in technical ceramics and the luxury sector, along with increased recurring revenue, helped mitigate the impact. The company remains optimistic about 2025, expecting stabilization or slight growth driven by market rebounds, continued demand for technical ceramics, and innovative partnerships.
More about Cerinnov Group SA
Founded in 1998, Cerinnov Group designs, manufactures, and markets innovative equipment and next-generation solutions for the ceramics and glass industry in France and internationally. The company is at the forefront of the ‘4th industrial revolution,’ helping industrial clients modernize and transition to the ‘factory of the future.’ Cerinnov Group is listed on Euronext Growth Paris and is recognized as an ‘Innovative Company’ by Bpifrance.
YTD Price Performance: 43.24%
Average Trading Volume: 22,685
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €5.24M
Learn more about ALPCV stock on TipRanks’ Stock Analysis page.