Acheter-Louer.fr SA ( (FR:ALALO) ) has provided an announcement.
Acheter-Louer.fr reported a significant revenue decline of 51% in 2024 due to the ongoing real estate crisis, impacting all sector players and hindering transactions. The company’s digital and press activities were severely affected, with notable decreases in revenue. Despite these challenges, the company is implementing cost-saving measures and restructuring its liabilities through a safeguard procedure. It remains optimistic about leveraging its strategic digital position and new activities like the Call-Center and subsidiaries to capitalize on future market improvements.
More about Acheter-Louer.fr SA
Acheter-Louer.fr is a company specializing in matchmaking and media solutions for the real estate and housing sectors. It provides a comprehensive range of services including real estate advertisements, digital marketing tools, real estate classifieds, and 2D-3D imaging systems. The company focuses on both BtoC and BtoB markets, offering solutions such as real estate mobile applications, podcasts, newsletters, and online auction solutions.
YTD Price Performance: -94.76%
Average Trading Volume: 25,629
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1,495
Learn more about ALALO stock on TipRanks’ Stock Analysis page.