Robertet Posts Strong H1 2024 Growth, Cautious Outlook

Robertet (FR:RBT) has released an update.

Robertet has reported a robust first half of 2024, with a significant 10.1% increase in sales revenue to 414.6 million euros and a strong organic growth of 9.6%. The company’s current EBITDA margin has improved impressively to 21.4%, supported by the successful integration of the Indian company Sonarome and growth across all regions. Despite the positive performance, Robertet anticipates a normalization of restocking and less sustained demand in the second half of the year, along with a potential decrease in EBITDA margin due to rising raw material costs.

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