IMCD N.V. (GB:0QVU) has released an update.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 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.
IMCD N.V. reports a 4% gross profit increase to EUR 607 million in the first half of 2024, despite a 4% drop in operating EBITA to EUR 270 million. The company’s free cash flow also saw a decrease, coming in at EUR 221 million, down from EUR 241 million in the previous year. These financial results reflect a combination of organic growth, the positive impact of recent acquisitions, and currency exchange fluctuations.
For further insights into GB:0QVU stock, check out TipRanks’ Stock Analysis page.