Mare Group: Preliminary Results 2024
The Board of Directors approved the preliminary results (not yet audited) for the 2024 financial year, confirming the full achievement of the objectives set out in the Guidance.
The main indicators are:
- Value of Production: €44.6 million (+13.1% YoY, fully organic)
- Adjusted EBITDA: €13.2 million (+24.5% YoY)
- Adjusted Net Financial Position: almost zero, going from a debt of €24.7 million to only €1.3 million
These measures reflect both the improved business performance and the positive impact of the IPO and the ABB transaction in December 2024.
The year was marked by the completion of the proprietary technology platforms XR Line, Sypla and Delfi.AI, now integrated into business and commercial processes. In addition, Mare Group strengthened its position in the Aerospace & Defence and Railway sectors, with the acquisition of new customers and the signing of important framework agreements.
2025 opens with new growth prospects, marked by the start of the acquisition of La SIA and the subsequent launch of the first OPAS on the EGM market.
Growth will follow three main directions:
- Aggregation of complementary companies to create a technological excellence hub
- Structuring for growth and competitiveness with the main players in the sector
- Developing an innovative and sustainable ecosystem based on XR, IoT and AI
In this journey, 2025 will be an important year, with new expansion operations already underway to strengthen the company perimeter and generate further value for stakeholders.
The ambition is to prepare to exceed 100 million in turnover , consolidating Mare Group’s role as a leader in digital engineering.
For more information, see the page.