"The Group's investments in H1 2024 amounted to € 15.2 million and mainly concerned the investment in the plant in the Czech Republic.
Our forecast for 2024 assumed a gradual growth, expected to start by the end of the first half of the year; in light of the current slowdowns of market demand, especially in the winding conductor sector, a recovery is expected only in the last period of the year. It should be noted that for the cable sector, the current order book, which consists of multi-year orders, assures good levels of turnover.
Our medium-long term forecast remains unchanged, demand will record significant growth, driven by the ongoing energy transition.
As for the plant in the Czech Republic, production is expected to start in the first half of 2025. The construction of the China plant began in July with the target of starting production by 2025."
Ces investissements semblent montrer la confiance du management dans l'avenir du secteur.
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