Italy's De Nora posts 8.2% rise in first-quarter adjusted EBITDA
14/05/2025 06:30
May 14 (Reuters) - Italian electrochemical group Industrie De Nora posted on Wednesday an 8.2% rise in its first-quarter adjusted core profit (EBITDA), that came in at 39.4 million euros ($44.09 million). De Nora said the 2024 completion of its plant expansion and optimisation plan contributed to revenue development and high operating efficiency of production processes. "The first-quarter closes positively with all the main economic results growing, supported by the particularly satisfactory performance of the core business, allowing us to confirm our guidance for 2025," CEO Paolo Dellachà said in a statement. ($1 = 0.8937 euros) (Reporting by Philippe Leroy Beaulieu in Gdansk; Editing by Muralikumar Anantharaman) ((Philippe.LeroyBeaulieu@thomsonreuters.com;))