Catering International Services (FR:ALCIS) has released an update.
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Catering International Services (CIS) reported a significant first half of 2024, with sales growth of 37.5% at constant exchange rates, reaching 212.5 million euros. Despite a negative currency impact, all geographic areas contributed to the growth, with remarkable increases in America (46%), Africa (44%), and Eurasia (28%). The company anticipates continued growth throughout 2024, buoyed by the global energy transition, recent commercial successes, and eligibility for PEA-PME due to a new law.
For further insights into FR:ALCIS stock, check out TipRanks’ Stock Analysis page.
