Nueva Expresion Textil, S.a.BME: NXT

NXT: Positive net income and improved margins achieved despite lower sales, with strategic expansion underway

· Issued by Nueva Expresion Textil, S.A.

Net income turned positive in 1H 2024 amid a 38% revenue drop, driven by cost restructuring and operational efficiency. EBITDA margin rose to 16%, with new investments and capital increases supporting expansion in Guatemala and sustainable dyeing technology.

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