Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Cogelec SA ( (FR:ALLEC) ) just unveiled an announcement.
COGELEC reported a strong financial performance in 2024 with a revenue increase of 12.9% to €74.5 million, driven by growth in both France and Europe. This growth is attributed to their unique subscription model and the successful deployment of Intratone solutions in the collective housing markets, leading to a promising outlook for 2025 with expectations of further revenue and EBITDA growth.
More about Cogelec SA
COGELEC is the French leader in access control systems for building complexes, known for its global wireless interphone solution marketed under the Intratone brand. It operates in six European countries and focuses on indirect distribution, maintaining strong ties with social landlords and building management associations.
YTD Price Performance: 16.67%
Average Trading Volume: 153
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €157.3M
See more data about ALLEC stock on TipRanks’ Stock Analysis page.