2024 has been an important turnaround year for Eliche Radice Spa: we have made excellent progress in improving our operational efficiencies, renewing almost all of our internal processes.
✅ Meanwhile a deep renovation of the staff is ongoing, onboarding highly qualified personnel in R&D, Quality and Operations, restaffing to greater innovation and fresh ideas: nowadays, all of our products are 3D-modelling native also in view of the next technological step to extend FEM and CFD analisys not only to our research projects, but also all over our products.
✅ Since the 2nd Quarter of 2024, the orders portfolio for each business line has a stable growth rate: the market rewards Radice as the most important marine propulsion systems supplier and consultancy firm in Europe. The financial results of 2024 confirm a strong improvement of all the parameters with a positive net result; in comparison to the previous year, 2024 confirms an overperformance on the EBITDA of +8% and a substantial reduction of 14% on the debt position.
✅ Radice is now looking forward to 2025 with renewed confidence and optimism.
We are keen to keep on going along our path of improvement. Thank you for being with us! Keep in touch here 👉 Contact
