Nicolas Correa (ES:NEA) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The Correa Group has reported a significant financial performance in the first half of 2024 with net profits soaring by 59% to 6.8 million euros and a 39% increase in EBITDA at 8.9 million euros. Their revenues reached 60.8 million euros, indicating robust growth and a strengthened market position in large machining center manufacturing. Additionally, the company’s order book stands at 90 million euros, ensuring a promising outlook for future deliveries, particularly in 2025.
For further insights into ES:NEA stock, check out TipRanks’ Stock Analysis page.