SIMONA Aktiengesellschaft Reports Earnings Results for the Full Year Ended December 31, 2023

Simona AG is a Germany-based company that develops, manufactures, and markets a range of semi-finished thermoplastics, pipes, and fittings as well as finished parts and profiles The Company offers technical solutions centered around industry and infrastructure. The production methods applied within this area range from extrusion, pressing, and injection molding to CNC manufacturing. The product range includes sheets, twin-wall sheets, welding rods, three-dimensional (3D) printing filaments, pipes, fittings, flanges, valves, solid rods, hollow rods, u-profiles, and square parts. Its products are used within the area of chemical tank and equipment construction, mechanical engineering, and the transport industry, among others. Pipes and fittings are used primarily for drinking water supply, sewage disposal, and industrial piping systems, including the chemical process industry. Its finished parts are destined for the mechanical engineering and transport technology sectors.