Arteche's profit has grown 168%, to almost 20 million, in the first half of the year
The energy company has highlighted the growth in Europe, the Middle East and Africa.
The Biscayan company Arteche, which produces equipment, components and solutions for the energy sector, has made a net profit of EUR 19.9 million in the first half of 2025, an increase of 168.5% over the same period of the previous year.
The company's managers presented the results for the first six months of the year on Monday and stressed that the semester was "excellent" and "above the targets set" by the company's chief executive, Alex Arteche.
During this period, Arteche achieved sales of €256.2 million, 13.9% more than in the first half of 2024, above the 10% target set in the financial guides.
Given the geographical area in which Arteche operates, growth has been most pronounced in Europe, the Middle East and Africa.
In addition, Artech and Mondragon have announced the creation of Amets Power Electronics , in collaboration with the Ikerlan technology center, based on the development of innovative solutions in power electronics.
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