Italy's De Nora sees 15%-19% core profit margin in next 3-5 years
18/03/2026 06:29
March 18 (Reuters) - Italy's Industrie De Nora DNR.MI, a global leader in industrial electrodes, said on Wednesday it expects adjusted core profit margins in the 15%-19% annual range for the next 3-5 years. "We are preparing to face a demanding year, marked by new and complex challenges" CEO Paolo Dellachà said on in a statement, adding that De Nora's mid-term strategy will focus on opening new markets through electrochemistry and water treatment technologies. "Core business" revenues from Electrode and Water Techs divisions are expected to grow annually in the 2%–4% range in the next 3-5 years Proposed dividend of 0.103 euros per share Reported 2025 adjusted net profit of 89.5 million euros($103.3 million), up 0.8% yr/yr On February 24 the company reported its preliminary results, forecasting a "challenging" 2026 to bring lower margins. Preliminary reported figures for full-year revenue, adjusted core profit were confirmed De Nora's confirmed its previous 2026 guidance seeing an adjusted core profit margin between 15% and 18% ($1 = 0.8661 euros) ($1 = 0.8661 euros) (Reporting by Mirko Miorelli, editing by) ((Mirko.miorelli@thomsonreuters.com))