Savencia announces its 2024 half-year financial results

Savencia has published its consolidated financial statements for the half-year ending June 30, 2024. Revenue for this period reached 3,380,102 thousand euros, a slight increase compared to 3,375,673 thousand euros in 2023.

Current operating income amounts to 109,560 thousand euros, down from 111,948 thousand euros the previous year. After taking into account other operating expenses and income, operating income is 102,755 thousand euros.

Net income from continuing operations was 64,001 thousand euros, compared to 57,617 thousand euros in 2023. Per share, diluted earnings remained at 4.33 euros.

In order to support its financial structure, Savencia has total current and non-current assets of 4,925,147 thousand euros as of June 30, 2024, compared to 4,647,131 thousand euros as of December 31, 2023.

The Group's equity stands at EUR 1,931,982 thousand, up from EUR 1,817,900 thousand at the end of 2023, reflecting prudent management and an improvement in its overall performance.