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UV GERMI Achieves 5.5% Revenue Growth in 2024 Amidst Challenges

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UV GERMI Achieves 5.5% Revenue Growth in 2024 Amidst Challenges

UVGermi SA ( (FR:ALUVI) ) has issued an announcement.

UV GERMI reported a 5.5% increase in revenue for 2024, driven by a significant rise in export activities, despite a challenging market in France. The company’s focus on export markets and restructuring efforts have been successful, while the water segment saw a slight decline due to economic conditions. The company’s profitability is expected to continue improving, with long-term growth prospects in the depollution and disinfection markets, particularly as deferred investments and new market opportunities are anticipated in the future.

More about UVGermi SA

UV GERMI, based in Saint-Viance, Corrèze, designs, manufactures, and markets UV technology equipment for the depollution, disinfection, and decontamination of water, air, and surfaces. The company employs about 50 people and is listed on Euronext Growth Paris.

YTD Price Performance: -1.10%

Average Trading Volume: 2,104

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €8.65M

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

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