Alter Ego Media Group: 2024 was a year of impressive financial
Alter Ego Media Group: 2024 was a year of impressive financial growth
• Turnover increased to €124.4 million (up 14.8% yoy)
• EBITDA rose significantly to €46.7 million (up 37.4% yoy)
• Earnings before interest and taxes (EBIT) soared to €17.1 million (up 108.9% yoy) and net profits to €10.9 million (up 180.0% yoy)
• Net cash as of 31.12.2024 at €5.4 million
• A dividend distribution of €0.10 per share before withholding tax (in accordance with the tax legislation), and the introduction of a three-year SCRIP dividend program up to a total amount of €30 million, will be proposed at the Annual General Meeting.
The financial results for the year ended on 31.12.2024 of Alter Ego Media, the country’s major media group, demonstrate strong growth across all financial indicators.
The year 2024 marked as a major milestone for the Alter Ego Media Group, recording impressive growth, both at operations and financials, across all active segments (see below). The Group’s performance was also the springboard for the Company’s listing on the Regulated Market of the Athens Stock Exchange, concluded successfully in early 2025.
Consolidated turnover for 2024 rose to €124.4 million from €108.4 million in 2023,
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