Grolleau (FR:ALGRO) has released an update.
Grolleau reports a modest rise in second-quarter 2024 sales to €10.7 million, a 2.5% increase from the previous year, with significant annual growth of 72.1%. The Energy & Industry sector led with a notable 52.1% growth, while Telecom and Smart City sectors experienced slight declines. The company is focusing on consolidating its group and synergies with OMP, with a strong order book and expectations of increased Telecom deliveries in the fourth quarter.
For further insights into FR:ALGRO stock, check out TipRanks’ Stock Analysis page.