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Ercros SA ( (ES:ECR) ) has shared an update.
Ercros reported an adjusted EBITDA of 29 million euros and a net loss of 12 million euros for fiscal year 2024, attributed to weak European demand, high energy costs, and strong competition. Despite these challenges, Ercros maintains a solid financial position with 110 million euros in liquidity and is optimistic about a gradual recovery in the European chemical industry from the second half of 2025. The company continues to execute its 3D Plan to improve operations and defend its margins while facing ongoing takeover bids.
More about Ercros SA
Ercros SA operates in the chemical industry, focusing on the production and sale of chemical products. The company is involved in digitalization, decarbonization, and diversification efforts to enhance its market presence and product portfolio.
YTD Price Performance: -7.87%
Average Trading Volume: 91,023
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €295.3M
For detailed information about ECR stock, go to TipRanks’ Stock Analysis page.