Jensen-Group (JEN) H2 2024 earnings summary

Executive summary

• Achieved record order intake of €517.3M in 2024, up 42% year-over-year, surpassing the half-billion mark for the first time.

• Revenue reached an all-time high of €453.2M, a 13% increase compared to 2023.

• Operating profit (EBIT) rose 25% to €50.7M, and net profit attributable to equity holders increased 33% to €41.2M.

• EBITDA grew 30% to €63.0M, and EPS increased 27% to €4.31.

• Board proposes a gross dividend of €1.00 per share, up from €0.75.

Financial highlights

• Profit before taxes increased 25% to €52.5M; net cash flow rose 38% to €53.5M.

• Equity grew 8% to €282.6M; market capitalization at year-end was €409.7M, up 28%.

• Net financial cash position at €3.1M, down from €36M, mainly due to acquisitions.

• Working capital increased to €180.6M, reflecting higher operating activity.

• Share in result of associates and equity-method companies rose 84% to €3.9M.

Outlook and guidance

• Strategic focus for 2025 is to leverage a strong order book and project pipeline to further strengthen market position and profitability.

• Continued emphasis on customer centricity, sustainable innovation, and digitalization of business processes.