Italy's electrochemistry group Industrie De Nora posts drop in 2024 net profit
19/03/2025 06:17
March 19(Reuters) - Italian electrochemistry group Industrie De Nora DNR.MI on Wednesday reported a 12% drop in its 2024 adjusted net profit to 88.8 million euros ($97.0 million).
In its 2025-2027 business plan, it forecast low single-digit revenue growth and annual core profit margins between 15% and 17%.
The group has proposed a dividend of 0.104 euro per share, down from last year's dividend of 0.123 euro per share.
($1 = 0.9151 euros)
(Reporting by Alberto Chiumento; Editing by Tom Hogue)
((Alberto.chiumento@thomsonreuters.com))