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Omer-Decugis & Cie Reports Record Revenue and Strategic Growth Initiatives

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Omer-Decugis & Cie Reports Record Revenue and Strategic Growth Initiatives

Omer – Decugis & Cie SA ( (FR:ALODC) ) has issued an update.

Omer-Decugis & Cie announced a significant improvement in its financial results for 2023/24, with record annual revenue of €247M, a 19.7% increase, surpassing its growth plan a year ahead of schedule. The company achieved robust operational performance, marked by improved net profit and EBITDA, despite challenges such as climate constraints. Strategic acquisitions contributed to expanding product range and logistics capabilities, and a new logistics project at Dunkerque-Port aims to enhance sustainability. The company continues to demonstrate strong growth momentum, with a 13.6% revenue increase in the first quarter of 2024/25.

More about Omer – Decugis & Cie SA

Omer-Decugis & Cie is an international group specializing in fresh and exotic fruits and vegetables. The company operates primarily through its divisions SIIM and BRATIGNY, with a focus on expanding its range of exotic products and strengthening its market position in Europe, particularly in Northern Europe and the Paris-Rungis market.

YTD Price Performance: 4.22%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €39.45M

Find detailed analytics on ALODC stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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