Catering International Services (FR:ALCIS) has released an update.
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Catering International Services reported a robust revenue growth of 37.5% on a constant currency basis in the first half of 2024, reaching €212.5 million, driven by strong performance across all regions, particularly in America and Africa. Despite a €13 million negative currency impact, the company remains confident in its growth trajectory, bolstered by its eligibility under the new French PEA-PME law, which could attract more investment into the company’s shares.
For further insights into FR:ALCIS stock, check out TipRanks’ Stock Analysis page.
