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Cerinnov Group Reports Steady Revenue Amidst Net Loss

Cerinnov Group Reports Steady Revenue Amidst Net Loss

Cerinnov Group SA (FR:ALPCV) has released an update.

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Cerinnov Group SA reported stable first-half 2024 revenues of €6.5M, maintaining its EBITDA at €625K despite challenging economic conditions. Significant projects in technical ceramics and changes in accounting for research tax credits impacted the financials, leading to a net loss of €746K. The company’s financial position includes equity of €3.3M, debt of €5.8M, and cash of €1.3M.

For further insights into FR:ALPCV stock, check out TipRanks’ Stock Analysis page.

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