Catering International Services (FR:ALCIS) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Catering International Services reported a robust revenue growth of 37.5% on a constant currency basis in the first half of 2024, reaching €212.5 million, driven by strong performance across all regions, particularly in America and Africa. Despite a €13 million negative currency impact, the company remains confident in its growth trajectory, bolstered by its eligibility under the new French PEA-PME law, which could attract more investment into the company’s shares.
For further insights into FR:ALCIS stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue