Aurrigo International PLC (GB:AURR) 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
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.