Encavis AG has reported preliminary results for the first half of 2024, revealing a significant decline in both revenue and earnings compared to the same period last year. The company's operating EBITDA stood at 126.1 million euros, reflecting a decrease of approximately 17%. Operating EBIT was reported at 65.3 million euros, representing a drop of around 30%. Net operating revenue was approximately 205.7 million euros, marking a reduction of about 9% from the prior-year period.
Despite these declines, the Management Board has reaffirmed its operational guidance for 2024, anticipating only a minor decrease in key operating metrics for the full fiscal year.
