Groupe Airwell SAS (FR:ALAIR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Groupe Airwell SAS reports a 20.8% decline in revenue to €25.7 million in H1 2024 amidst a challenging market, with a significant increase in gross margin rate to 38.4% and near break-even EBITDA. Despite the downturn, the company has sustained investment in new service offerings and expansion, anticipating a market recovery with its innovative energy efficiency solutions.
For further insights into FR:ALAIR stock, check out TipRanks’ Stock Analysis page.