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Titan: Profit Record with strong sales growth – Positive prospects for 2024.
Titan Group reported a record 3rd consecutive year of sales up 11.6% to €2.547bn in 2023, with the US and Europe contributing over 90% of sales.
EBITDA reached a record €540.3m, with enhanced profit margins.
Net profit after tax and minority interest more than doubled to €268.7m.
Sales growth and increased prices in the US and Europe are expected to lead to a positive outlook for 2024.
14 months ago
3 Articles