Ercros obtains EUR 23 million ebitda and registers EUR 8 million losses

• In the first nine months of 2024, Ercros has obtained a contribution of EUR 175 million, an adjusted ebitda of EUR 23 million and has recorded losses of EUR 8 million.
• These results are a consequence of a persistently weak European demand, with highly volatile markets and strong competition.
• Ercros maintains a solid financial situation, with EUR 110 million of liquidity.
• The takeover bids of Bondalti Ibérica, S.L.U. and Esseco Industrial, S.P.A. on Ercros are still ongoing.
• The consensus of the specialised publications foresees a recovery in demand from the European chemical industry throughout 2025.
• In any case, Ercros will continue to execute the 3D Plan in order to advance in the digitalization and decarbonization of its processes and operations, maintain its presence in all the markets in which it operates and will take advantage of the opportunities that arise to defend its margins. 

Profit and loss account for the first nine months of 2024 and 2023