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Grolleau Anticipates Growth Amid Revenue Decline

Grolleau Anticipates Growth Amid Revenue Decline

Grolleau (FR:ALGRO) has released an update.

Grolleau reports a 7% decline in revenue for the first nine months of 2024, reaching €30.9 million, amidst a challenging third quarter. Despite this, the company anticipates improved performance in the fourth quarter and reaffirms its annual revenue target of €41 million. Key activities include deliveries for data centers, smart city projects, and energy collaborations, signaling potential growth ahead.

For further insights into FR:ALGRO stock, check out TipRanks’ Stock Analysis page.

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