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MERSEN ( (FR:MRN) ) just unveiled an announcement.
Mersen reported a record revenue of 1,244 million euros for 2024, demonstrating strong operational cash flow and a solid financial structure with a leverage ratio of 1.8x. The company confirmed its medium-term ambitions and proposed a dividend of 0.90 euro per share. Despite challenges like unfavorable exchange rates and cost inflation, Mersen achieved organic growth of 2.6% and maintained a stable EBITDA margin. The company plans to continue its adaptation and cost optimization initiatives, aiming for further revenue growth in 2025.
More about MERSEN
Mersen is a global expert in electrical specialties and advanced materials, focusing on sustainable development markets such as renewable energy, electronics, and green transportation. The company leverages its leadership positions and international presence to drive growth and innovation.
YTD Price Performance: 5.34%
Average Trading Volume: 2,314
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €539.7M
Find detailed analytics on MRN stock on TipRanks’ Stock Analysis page.
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