tiprankstipranks
Linedata Services Posts Strong H1 2024 Financials
Company Announcements

Linedata Services Posts Strong H1 2024 Financials

Linedata Services (FR:LIN) has released an update.

Pick the best stocks and maximize your portfolio:

Linedata Services reports a positive first half of 2024 with a revenue increase of 2.5% to €89.7 M and a significant net income rise of 24.4% to €10.6 M. The company witnessed substantial operational improvements, including a higher EBITDA margin and a reduction in net debt, evidencing a strong financial position and the potential for continued organic growth. With a steady net margin increase, Linedata remains optimistic about maintaining its profitability for the remainder of the year.

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

Related Articles
TipRanks European Auto-Generated NewsdeskLinedata Services Sees Revenue Growth in 2024
TipRanks European Auto-Generated NewsdeskLinedata Services Reports Growth and New CFO
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App