Brief: Grolleau Q4 Sales Up At Eur 11.1 Mln

Grolleau SA

08/02/2024 17:33

Feb 8 (Reuters) - Grolleau SA  ALGRO.PA :
    * 2023 SALES: EUR 25.5 MLN
    * THE 4TH QUARTER SAW GROWTH OF 42.3% COMPARED WITH THE SAME
PERIOD LAST YEAR
    * SALES FOR THE FOURTH QUARTER OF 2023 (OCTOBER-DECEMBER
2023)
CAME TO EUR 11.1 MLN, COMPARED WITH EUR7.8M FOR THE SAME PERIOD
LAST YEAR
    * OUTLOOK: CONFIRMS ITS AMBITION OF A PROFORMA EBITDA MARGIN
IN
EXCESS OF 3.3%
    * IN 2024, THE GROUP WILL CONTINUE TO IMPLEMENT ITS
SYNERGIES WITH
OMP MECHTRON
    * OUTLOOK: WILL RETURN TO GROWTH WITHIN ITS HISTORICAL
SCOPE, AND
IS AIMING FOR OVERALL GROWTH IN CONSOLIDATED SALES OF AROUND 10%
COMPARED WITH ITS PROFORMA 2023 FIGURES

Source text for Eikon:  ID:nACT84142 
Further company coverage:  ALGRO.PA 

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