Business
VIO: Strong profitability growth in H1 2024 driven by cables, steel pipes, and resilient real estate
VIO: Strong profitability growth in H1 2024 driven by cables, steel pipes, and resilient real estate
About this update from Viohalco Sa/nv
Profitability improved in H1 2024, with a-EBITDA up to EUR 273 million and net profit nearly doubling year-over-year, despite a slight revenue decline. Cables and steel pipes segments drove growth, while real estate and copper remained resilient. Major capex and strategic initiatives support a positive medium-term outlook.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.