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EXAIL TECHNOLOGIES SA: Strong H1 2024 Performance

EXAIL TECHNOLOGIES SA: Strong H1 2024 Performance

Groupe Gorge SA (FR:EXA) has released an update.

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EXAIL TECHNOLOGIES SA reports a robust first half of 2024 with a 16% increase in order intake, a significant 60 M€ contract, and a marked improvement in cash flow by +27 million euros compared to the previous year. Despite a slight decrease in current EBITDA from the previous year, the company anticipates strong revenue growth and high activity levels in the latter half of 2024. The company’s performance is bolstered by a significant export ratio of nearly 90%, positioning it strongly in the global market.

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

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