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Aquila Reports 2024 Revenue Decline Amid Market Challenges

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Aquila Reports 2024 Revenue Decline Amid Market Challenges

Aquila SA ( (FR:ALAQU) ) just unveiled an update.

Aquila announced a decrease in its annual revenue for 2024 by 3.34%, attributing the decline to unfavorable comparison effects and a cautious market environment. Despite the revenue drop, Aquila’s subsidiary AQUISERV reported a 13.50% growth in sales due to regulatory changes and a diversified strategy. Aquila remains optimistic about future growth, anticipating significant projects to enhance its market position.

More about Aquila SA

Aquila is the first alarm response network in France, established in 1993. It operates by pooling skills and resources, leading to a national alarm assistance and intervention organization. The company includes nearly 300 partner companies specializing in alarm intervention, guarding, and surveillance, covering 95% of the population. Aquila has been listed on Alternext since 2006 and has over 1,200,000 subscribers.

YTD Price Performance: 2.94%

Average Trading Volume: 363

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €4.62M

See more data about ALAQU stock on TipRanks’ Stock Analysis page.

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