Actia group (FR:ALATI) has released an update.
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ACTIA Group reported a slight decline in Q2 2024 revenue to €139.7 million, a 7.2% drop from the previous year, with a 3.2% decrease in first-half revenue, maintaining strong international sales at 60.2%. Despite economic challenges impacting several sectors, such as construction and agricultural machinery, the company secured a significant heavy truck contract and continues to leverage its diversified portfolio and new solutions. ACTIA maintains a cautious 2024 revenue outlook, projecting potential fluctuations within a 5% range, but remains committed to its strategic initiatives and a medium-term goal of €800 million in revenue by 2027.
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