NanoFilm Q3 EBITDA up 34% QoQ on higher revenue across segments

The group's revenue rose 10% YoY in Q3.

NanoFilm Technologies recorded a 34% QoQ and 17% YoY EBITDA increase in Q3 2024, fueled by strong revenue growth across business segments.

In Q3, the group recorded a 10% YoY and 38% QoQ higher revenue of $60m, led by the Advanced Materials Business Unit (AMBU) and Nanofabrication Business Unit (NFBU).

AMBU's revenue grew 11% YoY, whilst NFBU saw an 8% YoY growth.

Meanwhile, the Industrial Equipment Business Unit (IEBU) stayed flat, whilst Sydrogen Energy (Sydrogen) posted 688% YoY growth from a smaller base.

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