Alzchem Group AgXETR: ACT

ACT: EBITDA and net income surged in H1 2024, prompting a raised full-year outlook above €100M

· Issued by Alzchem Group AG

Alzchem delivered strong H1 2024 results, with sales up 3.3% and EBITDA up 41% year-over-year, driven by Specialty Chemicals. Net income nearly doubled, free cash flow surged, and the EBITDA outlook for 2024 was raised above €100M.

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