Svitzer reports revenue growth of 9% and adjusted EBITDA margin of 29.9% in 2024
Today, Svitzer Group A/S (Svitzer) has published its annual report for 2024, showing continued solid financial performance. Full-year 2024 highlights (full-year 2023 in brackets): Revenue of DKK 6,320m (DKK 5,786m), corresponding to 8.9% growth in constant exchange rates, with growth across all four operating segmentsAdjusted EBITDA of DKK 1,887m (DKK 1,694m), driven by the revenue growth, leading to a margin of 29.9%Gross CAPEX of DKK 981m (DKK 1,465m), mainly driven by lower spend on growth pr