Catering International Services (FR:ALCIS) has released an update.
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Catering International Services (CIS) has reported a strong first half of 2024, with revenue up by 29.0% to €199.5M and significant growth in operational profitability, with EBITDA up by 88% to €14.2M at constant exchange rates. The improvement is attributed to growth across all geographic areas, with Americas, Africa, and Eurasia leading the expansion. The Group remains financially robust, with a solid equity and cash position, and is optimistic about its growth prospects for the latter half of the year.
For further insights into FR:ALCIS stock, check out TipRanks’ Stock Analysis page.
