Foamit Oyj OMXHEX:FOAMIT:
FOAMIT, STERHOEK NV SIGNED MOU REGARDING JOINT VENTURE PROJECT IN BELGIUM
Foamit, Sterhoek Sign MoU Regarding Joint Venture Project
Earlier from Foamit Oyj
- FOAMIT: Adjusted EBITDA up 18% to €5.9m, with strong order backlog and expanded production capacity
- FOAMIT: Full Foamit Group ownership achieved; investments up, but profit and revenue declined
- FOAMIT: Net profit rebounded to €4.7 million in 2024, with a focus on Foamit Group and a proposed €0.11 dividend
- FOAMIT: Net profit and liquidity surged in H1 2024, supported by major asset sales and Foamit growth