H1 results broadly in-line with expectations
NX Filtration, the provider of innovative water filtration solutions, reported H1 results broadly in-line with our expectations at the revenue and EBITDA levels during a period of rapid growth. EBIT was ahead of our forecasts with depreciation of the new factory only commencing in June 2024. Net cash was slightly better than anticipated.
2024 guidance unchanged; business on -track during rapid growth period
Guidance is unchanged and the outlook r ....
03 Sep 2024
H1 results in-line with expectations, growth delivery on-track
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H1 results in-line with expectations, growth delivery on-track
H1 results broadly in-line with expectations
NX Filtration, the provider of innovative water filtration solutions, reported H1 results broadly in-line with our expectations at the revenue and EBITDA levels during a period of rapid growth. EBIT was ahead of our forecasts with depreciation of the new factory only commencing in June 2024. Net cash was slightly better than anticipated.
2024 guidance unchanged; business on -track during rapid growth period
Guidance is unchanged and the outlook r ....