. y-o-y), revenue of 1.65 billion euros (compared to 1.72 billion euros in 2023) and production cost of 1.73 billion euros. EBITDA decreased to 27.6 million. Euros (from 83.2 million Euro in 2023), fined for high energy and raw material costs. After depreciation and revaluation of 70.3 million Net income in 2023 amounted to 37.7 million euros. This compares to a profit of 19 million euros. Euro in 2023. The net financial position deteriorated to 155.5 million. Euros (from 45.5 million Euro in 2023), mainly due to high levels of technical investments.
. International breakdown. 2023), with the EU's share at 9.5 percent, and growth recorded in Poland and the Czech Republic. The dividends distributed to interested parties amounted to 1.7 billion rubles. Euro (+7% Y-O-Y), with significant growth also in employment (+10%), bringing the workforce to 1,986 people at the end of the year (+3.3% Y-O-O, including Italy and Germany).What is convincing, what is in a complex macrosonic environment that is stable, what is convincing, what is convincing in it. and innovative business models that can combine continuity and sustainability with the demands of decarbonization and social sustainability can guarantee long-term competitiveness," said Giuseppe Pasini, President of Feralpi Group. In 2024, the group invested 223 million. Investments in technical projects, 80 percent of which were focused on ESG, including electrification of processes and production of low-carbon steel.Feralpi also reported progress on Environment, social and Governance (ESG) Targets: specific co₂ emissions dropped by 39 percent compared to 2022, while accelerated demand and water conditions are decreasing by 22 percent. and sustainability
Among the key investment projects:
- Riesa (Germany): Completion of the new Spooler line at the Feralpi Stahl plant, with a new electric furnace capable of producing up to 8 million tons. Garda washing machine (Italy): a new line of Spooler and plant upgrades for water purification at the steel mill and rolling mill 1, plus the installation of a 437 kW photovoltaic system;
- Lecco (Italy): quality upgrade of the Garrette line.
- Calvisano (Italy): the new Fume extraction system and the upgrade of secondary LF processing, as well as the prospects for renewable energy from Photovoltaics.
