Uzin Utz SE

Latest Results (20.08.2024):

Revenue Performance

In the first half of 2024, Uzin Utz SE reported total sales revenues of EUR 242.3 million, a slight decrease from EUR 244.7 million in the same period of the previous year. This represents a 1.0% decline in sales revenues. The national sales revenues were relatively stable at EUR 84.7 million, while international sales revenues saw a slight drop to EUR 157.6 million, down by 1.5% from the previous year.

Operating Income

Uzin Utz SE's operating income (EBIT) for the first half of 2024 increased to EUR 19.9 million, up from EUR 17.5 million in the same period of the previous year. This improvement in EBIT reflects a 13.7% increase, indicating better operational efficiency and cost management despite the slight decline in sales revenues.

Earnings Before Taxes

The earnings before taxes (EBT) for Uzin Utz SE in the first half of 2024 were EUR 17.4 million, compared to EUR 15.7 million in the previous year. This represents an increase in EBT, showcasing the company's ability to maintain profitability and manage its financial performance effectively.

Consolidated Earnings

Uzin Utz SE's consolidated earnings after taxes rose to EUR 12.4 million in the first half of 2024, up from EUR 11.0 million in the same period of the previous year. This increase in net earnings highlights the company's strong financial health and its ability to generate higher profits for its shareholders.

Material Usage Rate

The material usage rate for Uzin Utz SE decreased to 42.5% in the first half of 2024, down from 45.1% in the previous year. This reduction in the cost of materials ratio indicates improved efficiency in the company's production processes and better management of material costs.