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Grolleau ( (FR:ALGRO) ) just unveiled an update.
Grolleau reported a revenue of €40 million for 2024, meeting expectations despite a challenging economic environment, with an EBITDA of around €1 million. The company anticipates gradual recovery in 2025, enhanced by full integration of OMP and developments in the telecom sector. Key activities included deliveries for Nestlé, TERRALPHA, and TotalEnergies, despite declines in the telecom and smart city divisions. The company is optimistic about future growth, driven by new contracts and the potential of AI and datacenter needs.
More about Grolleau
Grolleau operates in the telecom, smart city, and energy industries, providing products such as modular data centers, digital access control cabinets, urban cabinets, and charging stations. The company is involved in energy transition projects and collaborates with partners like TotalEnergies and Axione.
YTD Price Performance: -7.90%
Average Trading Volume: 325
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of ALGRO stock, go to TipRanks’ Stock Analysis page.