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Aurrigo Reports Strong Growth and Improved Margins
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Aurrigo Reports Strong Growth and Improved Margins

Aurrigo International PLC (GB:AURR) has released an update.

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Aurrigo International PLC has reported strong interim results for the first half of 2024, with revenues increasing by 26% to £3.9m, driven by a 160% growth in its Autonomous division. The company’s gross profit doubled to £1.4m, and the gross margin significantly improved due to increased Autonomous sales and an improved Automotive product mix. The firm anticipates continued growth with full-year revenues for the Autonomous division expected to be around £3m, representing a significant increase from the previous year.

For further insights into GB:AURR stock, check out TipRanks’ Stock Analysis page.

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