Chairman's speech at the shareholders' meeting 2025
Zabalza highlights the economic context in which the European chemical sector is immersed and the consequences of this situation for Ercros
In his speech before the board, the president of the company, Antonio Zabalza, highlighted the economic context in which the European chemical sector is immersed and the consequences of this situation for Ercros and, in particular, for the results of the 2024 financial year.
According to Zabalza, "these results have been affected by the clear crisis that the European chemical sector is currently suffering" and he added that the three key events that define the 2024 financial year are the energy shock caused by the war in Ukraine; the downward pressure on the margins experienced, and the loss of 12 million euros recorded in 2024, compared to the profit of almost 28 million in 2023.
Click on the following document to see the complete intervention and the tables projected during the meeting.