Mytilineos Holdings (GB:0KAZ) has released an update.
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Mytilineos Holdings announced a resilient H1 2024 performance, with a slight turnover decrease to €2,482 million amid falling energy prices but increased net profits to €282 million, indicating a 5% year-over-year growth. The company’s strategic growth and diversified operations, particularly in renewable energy sources, have contributed to an improved EBITDA of €474 million, up 8% from the previous year, and a strengthened market position. Their continuous investments and asset rotation model support a positive outlook, with further profitability expected in the second half of the year.
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