COIL (FR:ALCOI) has released an update.
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COIL, the global leader in aluminum anodization, reports an 11.3% increase in revenue to €13.1 million in the first half of 2024, buoyed by strong anodization service sales and new licensing income from a Chinese partnership. Despite a cyclical slowdown in European demand, the company sees potential for growth in Asia and is confident in its long-term prospects, supported by its sustainable product portfolio. COIL, with about 110 employees, continues to capitalize on its technological and commercial strengths in both mature and emerging markets.
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