Technotrans Releases Preliminary 2024 Fiscal Figures

Technotrans SE has disclosed preliminary figures for its 2024 fiscal year, revealing consolidated revenue of €238.1 million and a Group EBIT margin of 5.2%, both slightly below the company's forecast. The key issue was an unanticipated reduction in customer call-offs, especially in December 2024. Despite these challenges, the fourth quarter showed improvement, with consolidated revenue hitting €62.5 million and a Group EBIT margin of 7.6%.

If not for temporary expenses, such as severance payments and reorganization costs totaling €2.1 million, the company's EBIT margin would have reached 6.0%. The company's revenue and EBIT margin were at the lower end of the predicted ranges, which were €245-€270 million for revenue and 5.5%-7.5% for EBIT margin. The preliminary ROCE stands at 11.8%, also below expectations.

Technotrans plans to release its full annual and consolidated financial statements on April 2, 2025.