KATEK Shatters Records in 2023: Unprecedented Growth and EBITDA, Exceeds All Forecasts

• KATEK SE had a successful business development in 2023, achieving its strongest year in terms of operating result (EBITDA) and meeting all forecasts
• Group sales increased by around 15% to EUR 782.8 million compared to the previous year
• Reported EBITDA increased by over 80% to over EUR 41.9 million
• Consistent working capital management led to an organic reduction in inventories
• The publication of the annual report was rescheduled due to the Kontron transaction
• Despite economic uncertainties in 2024, KATEK is still on course for growth, but expects reduced growth expectations by EUR 15 million and is reviewing existing inventories.

The price of KATEK at the time of the news was 15,225EUR and was up +0,66 % compared with the previous day.

KATEK

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ISIN:DE000A2TSQH7WKN:A2TSQH

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