Electricite de Strasbourg SA (FR:ELEC) has released an update.
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Electricite de Strasbourg SA reported a significant increase in its financial performance for the first half of 2024, with operating income rising by 167.8% and net income by 148.6%, despite a decrease in revenue due to lower energy prices. The company has adopted the status of a mission-driven company, committing to the energy transition in Alsace and has seen electricity and natural gas sales grow, while continuing the deployment of smart meters and benefiting from favorable dynamics in energy services.
For further insights into FR:ELEC stock, check out TipRanks’ Stock Analysis page.

