EPC Groupe Reports Growth in 2024 Driven by Explosives Segment
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EPC Groupe reported a 3.2% increase in consolidated sales for 2024, driven by strong performance in the Explosives and Drilling & Blasting segment, particularly in the Africa-Asia-Pacific region and a recovery in Europe. The company experienced a 6.3% sales increase in Q4, despite challenges in the Urban Mining business. The consolidation of Vibraquipo and Blastcon Australia positively impacted growth, alongside favorable exchange rate fluctuations. Current market cap stands at €433M with a consensus rating of Sell for EXPL stock.
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