Grolleau Sees Steady Growth with Strong Industry Performance
Company Announcements

Grolleau Sees Steady Growth with Strong Industry Performance

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.

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