Annual Report 2024

Letter from the Chairman

JOSE DOMINGO DE AMPUERO Y OSMA
We have concluded the 2024 financial year with the best results in our history. Our business model successfully adapted to an adverse and infrequent scenario such as the inventory adjustment process carried out by customers around the world in the second half...

Letter from the CEO

JOSÉ ANTONIO CANALES
This year has been a one of special significance. We have returned to the path of growth, particularly in the second half of the year, and we have done so with sufficient commercial and operational discipline to recover part of the margins we lost in the years...