Wallix Group SA (FR:ALLIX) has released an update.
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WALLIX Group SA reports a 30.2% increase in monthly recurring revenue and a significant growth in its recurring business, which now accounts for 71.6% of its turnover for the first half of 2024. Despite political and economic uncertainties, the company has shown resilience, particularly in France and the EMEA region, and is poised for continued growth with the upcoming implementation of the NIS2 Directive.
For further insights into FR:ALLIX stock, check out TipRanks’ Stock Analysis page.
