Polytech Group ApS presents an improved annual result for 2024 with a deficit of EUR 570,000 (approx. DKK 4.3 million), a significant improvement compared to 2023, where the deficit was EUR 9.7 million (approx. DKK 72 million). The company has also increased sales of its solutions for monitoring and protecting wind turbine blades during transport, installation and operation. The company states this in a statement.
As part of a strategic restructuring, Polytech has ended its activities in Germany and is now focusing on operations in Denmark, China and Mexico. This geographical adjustment has contributed to more efficient operations and closer cooperation with customers.
- In a flat market, we are gaining market share as we continue to deliver as promised to our customers. We serve various OEMs in the market, and asset owners are now demanding our solutions both for new wind turbines they order and as part of their active service strategy. In particular, our leading-edge protection solution, optimized for the onshore segment, has received strong market interest, says Allan JF Kristensen, CEO of Polytech.
For 2025, Polytech expects a positive result, supported by continued close customer cooperation and the effects of the completed restructurings.
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