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BOA Concept SA Confirms Expansion Despite Revenue Dip

BOA Concept SA Confirms Expansion Despite Revenue Dip

BOA Concept SA (FR:ALBOA) has released an update.

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BOA Concept SA’s General Meeting upheld all board proposals, including financial approvals and share buyback authorizations, despite a 20% revenue drop in 2023. The company maintains a strong financial position with an EBITDA of 13% and a net result of 1.6 million euros. They plan to expand into North America and have taken a strategic stake in Belgian company Easy Systems.

For further insights into FR:ALBOA stock, check out TipRanks’ Stock Analysis page.

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