Cogelec SA (FR:ALLEC) has released an update.
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Cogelec SA, the French leader in access control systems, reported a robust first half of 2024 with revenues increasing by 12.4% to €36.7 million and a significant 33.7% rise in EBITDA at €6.1 million. The company’s net income surged to €2.9 million, marking a substantial improvement from the previous year’s €0.6 million. These positive financial results reflect strong sales growth in both the French and European markets, particularly in the GSM intercom segment.
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