Daldrup & Söhne AG's Strong Financial Performance in 2024

Daldrup & Söhne AG has displayed a remarkable financial performance in 2024. The company reported a substantial increase in EBIT, reaching EUR 6.9 million, which is more than double the EUR 2.6 million recorded in 2023. Additionally, total output rose to EUR 54.6 million compared to EUR 48.4 million in the previous year.

The company's net profit showed substantial growth as well, rising to EUR 2.5 million from EUR 0.9 million in 2023. Earnings per share increased to EUR 0.42, a notable improvement from EUR 0.15. Daldrup’s equity ratio also climbed to 68.8%.

Effective working capital management led to a significant rise in cash flow from operations, growing from EUR 3.5 million to EUR 12.1 million. This improvement allowed the company to transition from a net debt position in 2023 to a net cash position of EUR 4.8 million by 2024.

Looking forward to 2025, Daldrup plans to achieve a total output of around EUR 52 million and an EBIT margin between 9% and 12%, supported by governmental backing.