Archos (FR:ALJXR) has released an update.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
ARCHOS Group reports a remarkable 90% surge in turnover, reaching €16.5 million in the first half of 2024, attributed to the successful integration of Elexo into its Logic Instrument group. This growth has led to a positive operating result of €0.4 million, a significant improvement from the previous year’s loss, and a consolidated net result of €0.6 million. The company also highlights the launch of a new consumer electronics range and anticipates continued growth in mobile solutions for Defense and industry.
For further insights into FR:ALJXR stock, check out TipRanks’ Stock Analysis page.