Nabaltec AG Overcomes Economic Slump, Posts 9.1% EBIT Margin in 2023, Eyes Growth in 2024

• Nabaltec AG achieved an EBIT margin of 9.1% in 2023 despite weak economic demand.
• The company's revenues were EUR 200.1 million in 2023, down from EUR 218.8 million in 2022.
• The preliminary operating profit (EBIT) was EUR 18.3 million.
• The company expects slight growth in 2024, with revenues slightly above the previous year's level and an EBIT margin in a range of 7% to 9%.
• In the "Functional Fillers" product segment, the company made revenues of EUR 142.3 million in 2023, a decrease of 3.9% from the previous year.
• In the "Specialty Alumina" product segment, Nabaltec earned revenues of EUR 57.8 million in 2023, down 18.5% from the previous year.

The next important date, Publication of consolidated/annual financial statements, at Nabaltec is on 25.04.2024.

The price of Nabaltec at the time of the news was 13,225EUR and was down -1,67 % compared with the previous day.
6 minutes after the article was published, the price was 13,350EUR this corresponds to a plus of +0,95 % since publication.

Nabaltec

-1,64 %

+5,21 %

+15,65 %

-9,28 %

-30,18 %

-52,06 %

-55,44 %

+37,71 %

+782,35 %

ISIN:DE000A0KPPR7WKN:A0KPPR

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