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MAIRE Maire SpA News Story

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Maire H1 core profits rise 36.2% on higher revenues, ups 2025 guidance

July 31 (Reuters) - Italian engineering group Maire MTCM.MI reported on Thursday a 36.2% increase in first half profit thanks to higher revenue and upgraded its guidance for 2025.

Maire's core profit rose to 232.1 million euros ($265.2 million) which the company said reflected efficient management of overhead costs.

Maire also revised its full year guidance, now forecasting revenue between 6.8 and 7.0 billon euros, and EBITDA in the range between 460 million euros and 490 million euros.

($1 = 0.8750 euros)

 (Reporting by Laura Contemori in Gdansk, editing by Matt Scuffham)

 ((Laura.Contemori@thomsonreuters.com;))

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