Formula Systems (FORTY) has released an update.
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Formula Systems has announced record-breaking financial results for the second quarter and first half of 2024, with year-over-year increases in operating income and net income for both periods. The company has also declared a cash dividend payment for shareholders, reflecting its strong performance and continued growth in the IT solutions market. Despite a challenging macroeconomic environment, the company’s subsidiaries have reported robust growth, demonstrating resilience and operational excellence.
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