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The latest update is out from BOA Concept SA ( (FR:ALBOA) ).
BOA Concept Group, a French specialist in intralogistics solutions, reported a consolidated revenue of €22.5 million for 2024, despite a challenging economic environment. The company has accelerated its international expansion by acquiring Easy Systems in Belgium and establishing a subsidiary in Canada. The strategic acquisition of Roboptic has enhanced its technological capabilities, allowing it to offer more innovative solutions. The Group’s efforts to strengthen its presence in the Benelux market and its belief in robotics as the future of logistics reflect its ambition to maintain leadership in the sector. The second half of 2024 showed improved dynamics, and the company anticipates a break-even net result for the fiscal year, with a strong order book providing confidence for the future.
More about BOA Concept SA
Founded in 2012 in Saint-Etienne, BOA Concept is an innovative company specializing in intralogistics. Listed on the Paris Stock Exchange on the Euronext Growth market, the company focuses on intelligent connected objects (IoT) with embedded intelligence, providing modular designs that facilitate access to automation and robotics. With a strong commitment to CSR, BOA Concept has expanded its operations internationally, acquiring Roboptic in 2022 and establishing a presence in Belgium with a majority stake in Easy Systems in 2024.
YTD Price Performance: 20.59%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €20.56M
For detailed information about ALBOA stock, go to TipRanks’ Stock Analysis page.