Grolleau (FR:ALGRO) has released an update.
Grolleau reported consolidated sales of €22.6 million for the first half of 2024, with an EBITDA margin of 2.8%. The company anticipates an annual turnover of €41 million for the fiscal year, focusing on maintaining profitability through operational efficiency despite an expected decrease compared to the previous year. Grolleau’s financial stability is reflected in a controlled net financial debt of €2.3 million, highlighting effective management of working capital and investments.
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