AURES Technologies (FR:ALAUR) has released an update.
AURES Technologies has successfully reduced its losses in the first half of 2024, with operating results improving by nearly 46% compared to the same period in 2023. Despite a slight decline in revenue due to ongoing economic challenges in Europe, the company’s financial restructuring efforts, including a significant transaction with Advantech, have helped stabilize its financial position. However, AURES remains cautious about future business trends amid persistent economic uncertainties.
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