Lower Expected Growth2H24 is expected to show top-line improvement and margin consolidation, although at a lower pace compared to initial expectations.
Past Performance ConcernsFollowing a disappointing operating performance in 2023, this half year should mark a first positive step towards rebuilding confidence in the company's ability to return.
Revenue DeclineRevenue in 3Q24 was €84.4m, down 4.5% year-over-year, with a deceleration in Horizons and Mestieri due to a time shift in project deployments.