Margin ResilienceDe Nora continues to prove its margin resilience in a lower revenue growth environment, confirming its ongoing leading Adj. EBITDA margin of c.18-19% in the mid-term.
Market PositionDe Nora's strong position as the leading electrode supplier is fueling demand for its electrolyser.
Order BacklogDe Nora's backlog was reported at €661.1mn, +8% qoq, driven by the new orders acquired mainly in Energy Transition division.