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Crayon Group Reports Strong Q2 2024 Performance
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Crayon Group Reports Strong Q2 2024 Performance

Crayon Group Holding ASA (CRAYF) has released an update.

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Crayon Group Holding ASA experienced a robust second quarter in 2024, with a 13% increase in Gross Profit and a significant 17% rise in Adjusted EBITDA, which reached NOK 412m. The company’s focus on improving profitability within its Consulting business is showing positive results, with a notable improvement in Net Working Capital, achieving an all-time high. Due to these strong performance indicators, Crayon has upgraded its full-year outlook and remains committed to growth and profitability across its global markets.

For further insights into CRAYF stock, check out TipRanks’ Stock Analysis page.

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