Suominen's 2024 Financial Reveal: Steady Gains Signal Corporate Resilience
Suominen Corporation Reveals Promising Financial Performance for 2024
Suominen Corporation has released its comprehensive Financial Statements for the fiscal year 2024, showcasing a steady improvement in financial performance and operational efficiency.
Financial Highlights
For the full year 2024, the company demonstrated resilience with key financial metrics indicating positive momentum:
- Net sales reached €462.3 million, representing a notable increase from €450.9 million in 2023
- Comparable EBITDA grew to €17.0 million, up from €15.8 million in the previous year
- Comparable EBITDA margin improved to 3.7%, compared to 3.5% in 2023
Quarterly Performance
In the fourth quarter of 2024, Suominen maintained its strategic focus, with net sales of €118.5 million and a comparable EBITDA of €4.2 million. The company's ability to navigate challenging market conditions continues to be a testament to its robust business model.
Strategic Outlook
While the financial results show moderate improvement, Suominen remains committed to driving operational excellence and exploring opportunities for sustainable growth in the coming year.
Financial Statement Release Date: March 5, 2025, at 9:30 a.m. (EET)