Obiz SA (FR:ALBIZ) has released an update.
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Obiz SA recorded a remarkable 205% increase in consolidated revenue for the first half of 2024, reaching €58.2 million compared to the previous year. The company’s gross margin more than doubled, and EBITDA grew by 47%, signifying strong growth driven by its e-commerce and relational marketing programs. Despite a net loss, Obiz maintains a positive outlook with ambitious financial targets for the year.
For further insights into FR:ALBIZ stock, check out TipRanks’ Stock Analysis page.
