Altheora SA Weathers Economic Headwinds in H1 2024

Altheora SA (FR:ALORA) has released an update.

Altheora SA has maintained stable financial performance in the first half of 2024 despite a 7% drop in revenue, due to a cyclical slowdown in the construction sector. The company’s EBITDA remained constant at 1.4M€, demonstrating effective cost control and operational profitability in a challenging economic climate. With a strategic plan focused on diversification and industrial decarbonization, Altheora anticipates a return to normal profitability as the market recovers.

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