02. 27. 2025 | Investors' News, Financial Results

Financial Results 2024

Financial Results 2024

Significant increase in financial results through organic growth and acquisitions

Flash Note – Athens, February 27, 2025 – IDEAL Holdings (“Company”, RIC: IDEr.AT, Bloomberg: INTEK GA) announces its Key Financial Figures for 2024:

IFRS

  • Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) increased by +113% to € 50.0 million compared to € 23.4 million in 2023.
  • Earnings after tax increased by +446% to € 92.2 million compared to € 16.9 million in 2023.

Comparable

  • Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) increased by +16% to € 39.3 million compared to € 34.0 million in 2023.
  • Net cash increased by € 99.1 million to € 41.8 million compared to Net debt of € 57.3 million as at 31.12.2023.
  • Net asset value (NAV) / share € 7.8 per share compared to € 7.7 per share at 31.12.2023.
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