Witbe SA (FR:ALWIT) has released an update.
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Witbe SA reported a 131% increase in EBITDA, reaching a margin of 9.6%, driven by optimization efforts, with a revenue of €10.4 million for the first half of 2024. The company experienced record activity in the Americas region and introduced new AI-based technological advancements to enhance customer deployments. Despite a slight decline in the EMEA region, Witbe focuses on profitability and strategic growth in its hybrid business model.
For further insights into FR:ALWIT stock, check out TipRanks’ Stock Analysis page.
