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BOA Concept Forecasts Recovery After H1 Revenue Dip

BOA Concept Forecasts Recovery After H1 Revenue Dip

BOA Concept SA (FR:ALBOA) has released an update.

BOA Concept, an intralogistics solutions provider, reported a decrease in H1 2024 revenue to 4.2M€, citing economic downturn and longer sales cycles, but expects a break-even year bolstered by a strong H2 based on current orders. The company is accelerating its international expansion with successful synergies between its subsidiaries and is eyeing the North American market, establishing a presence in Quebec. BOA Concept continues to innovate in robotics and automation, strengthening its commitment to CSR and modular design.

For further insights into FR:ALBOA stock, check out TipRanks’ Stock Analysis page.

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