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UPERGY Reports Resilient 2024 Performance Amid Economic Challenges
Company Announcements

UPERGY Reports Resilient 2024 Performance Amid Economic Challenges

Story Highlights
  • UPERGY faced a 2% decline in 2024 billings, impacted by Great Britain’s economic conditions.
  • The company plans to leverage positive trends in France and Spain to drive growth in 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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UPERGY SA ( (FR:ALUPG) ) has issued an announcement.

UPERGY reported a slight 2% decrease in annual billings for 2024, totaling €44.0 million, affected by challenging commercial conditions in Great Britain and its BtoC segment. Despite the economic downturn, particularly in Great Britain, the company demonstrated resilience through its diverse customer base and strategic cost management, though it couldn’t fully counter the €900k decline. UPERGY aims to resume revenue growth in 2025 by optimizing operations and enhancing geographical and brand-based revenue reporting, with positive momentum in France and Spain bolstering its BtoB activities.

More about UPERGY SA

UPERGY is a prominent entity in the design and distribution of batteries, chargers, adapters, and portable lighting products. It operates mainly in the BtoB and BtoC markets, with a focus on remote sales through catalogs and a network of stores under the 1001 Piles Batteries brand, primarily franchised. Established in 1996, UPERGY has expanded its offerings and market segments through organic growth and strategic acquisitions, strengthening its presence across Europe.

YTD Price Performance: 20.0%

Average Trading Volume: 1,379

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €9.78M

See more data about ALUPG stock on TipRanks’ Stock Analysis page.

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