Business performance largely in-line with expectations NX Filtration, the provider of novel water filtration technology, reported 2024 revenues of EUR11.1m, in-line with revised guidance of EUR10.5-11.5m published in December 2024. Gross margins remain strong at 61%; the EBITDA margin (-141%) was a little below consensus (-125%) with management noting one-off costs were incurred associated with moving production to the new facility. Margin progression should be expected to be somewhat volatile ....