Makheia Group SA (FR:ALNMG) has released an update.
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Makheia Group SA, now known as NetMedia Group, has demonstrated a robust return to profitability in the first half of 2024 despite a 20% drop in turnover, with EBITDA nearly breaking even and a significant improvement in net results. The group’s recovery is attributed to a reduction in operating expenses and a successful restructuring, positioning it for profitable growth both in France and internationally. NetMedia Group also plans a capital increase to further strengthen its cash position.
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