Prodways Group Maintains Stable Revenue and Plans Euronext Growth Transfer

An update from Prodways Group SA ( (FR:PWG) ) is now available.

Prodways Group reported stable revenue on a comparable basis for 2024 at €59 million, despite a challenging market environment and changes in revenue recognition and scope. The company saw growth in its Systems division, driven by strategic refocusing and sales team enhancement, while audiology revenues faced internal challenges. The group aims to enhance profitability and financial health and plans to transfer its listing to Euronext Growth Paris to benefit from a more flexible regulatory framework, simplifying operations and reducing costs.

More about Prodways Group SA

Prodways Group SA operates in the additive manufacturing industry, offering a range of 3D printing solutions and related services, primarily focusing on industrial printers and software services. The company is positioned to cater to various sectors, including aerospace, leveraging its MOVINGLight® technology and a diverse client base, notably in digital manufacturing and audiology.

YTD Price Performance: -1.67%

Average Trading Volume: 41,056

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €30.12M

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