Performance and growth: Precia Group 2024 results

The Precia Group announced its results for the 2024 financial year, revealing a recurring operating profit of €17.0 million, up from 2023, and a net profit of €11.9 million. Despite a slight decline in revenue of 0.8% to €168.9 million, the group strengthened its profitability, with an operating margin increasing to 10.1%. This performance comes in a normalized economic environment following the pandemic, marked, however, by the residual effects of the Russo-Ukrainian conflict.

In 2024, Precia continued its refocusing strategy by divesting non-core businesses and strengthening its position in the UK through the acquisition of Phoenix. These initiatives helped stabilize order levels. At the same time, the group's financial structure improved thanks to increased net cash and reduced financial liabilities.

For 2025, the Group plans geographic expansion in Europe and Southeast Asia, continued innovation in the digitalization of weighing solutions, and maintaining operational excellence with a targeted operating margin above 10%.