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Cogelec SA Reports Robust Growth in 2024 H1

Cogelec SA Reports Robust Growth in 2024 H1

Cogelec SA (FR:ALLEC) has released an update.

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Cogelec SA, a French access control leader, reports a 12.4% increase in turnover for the first half of 2024, with €36.7 million earned, boosted by strong performance in both the French and international markets. The company’s subscription revenues now account for 31.1% of total turnover, and with a 2 million home installed base, Cogelec confirms its aim for double-digit annual growth and an improvement in operating profitability.

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

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