Jacquet Metals: recurring EBITDA margin down in 2024

(CercleFinance.com) - Jacquet Metals has announced net income (group share) of E6m for 2024, as well as current EBITDA of E87m, representing 4.
4% of sales, compared with 6% in 2023.

The steel distributor's gross margin improved 0.9 point to 22.4%, on sales that are down 11.7% to E1.97bn, in an environment characterized by weak demand and constant pressure on prices.

In this environment, which remains uncertain, the group says that it will focus on managing its WCR and costs, preserving its financial strength, and pursuing its investment and development policy.


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