HEXAOM SA Maintains Profitability Amidst Revenue Decline

Hexaom SA (FR:ALHEX) has released an update.

HEXAOM SA reported a significant decrease in revenue and net income for the first half of 2024 compared to the previous year, amidst a challenging crisis context. Despite a nearly 25% drop in revenue to €417.0M, the company maintained good operational profitability with a current operating income of €14.2M. The results reflect HEXAOM’s agility and cost adaptation measures, including a 100% subcontracted production model, staff reductions, and other expense optimizations.

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