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Archos ( (FR:ALJXR) ) has issued an update.
ARCHOS announced a significant 58% increase in sales revenue for 2024, totaling 31.3 million euros, primarily driven by the integration of Elexo and growth across its key divisions. The company has successfully pivoted towards high-value-added businesses, and plans for further expansion in 2025 with new contracts in defense, consumer electronics, and health sectors, alongside potential acquisitions, which are expected to support a doubling of sales revenue and improved margins.
More about Archos
ARCHOS is a company specializing in mobile solutions with a focus on high-performance Android tablets, health, defense, and industry sectors. The company markets technological solutions aimed at both individuals and professionals, and has been expanding its presence in consumer electronics and health industries.
YTD Price Performance: 36.36%
Average Trading Volume: 7,790
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €8.86M
For an in-depth examination of ALJXR stock, go to TipRanks’ Stock Analysis page.
