Kerlink SA (FR:ALKLK) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Kerlink SA, an IoT network solutions provider, reports a 6% decline in activity for the first half of 2024 to €6.2 million, despite a 5% increase in network infrastructure equipment sales. The company has successfully reduced its EBITDA loss to -€1.3 million through cost control measures and sees an improved cash position at €5.3 million. A positive order-taking trend in Q3 2024 suggests potential growth for Kerlink into 2025.
For further insights into FR:ALKLK stock, check out TipRanks’ Stock Analysis page.
