Componenta's Q1 report was better than expected as the company managed to strengthen its profitability despite sluggish production volumes.

Revenue was in line with our forecasts, but profitability exceeded our expectations, driven by production efficiencies and pricing changes.

Supported by a business acquisition, we expect a clear increase in revenue and EBITDA from a weak comparison period.

Profitability and especially cash flow at the end of the year exceeded our expectations, while comments on the financial year ahead were more cautious than expected.

Although revenue in the last quarter of 2024 was around the level we had expected, the company managed to defend its profitability better than we had predicted.

In view of our forecasts for a significant improvement in both revenue and profitability, only a guidance for strengthening revenue and profitability would be in line with our expectations.