Lexibook Linguistic Electronic System SA (FR:ALLEX) has released an update.
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Lexibook announces satisfying annual financial results for the fiscal year 2023-24, with a notable increase in turnover by 14.4% to €58.6M, and a significant rise in net profit by 64.1%. The company has achieved a historically high equity level of €17M, transitioning from a net financial debt position to a net cash position. Despite a successful year, Lexibook anticipates potential challenges in the 2024-25 fiscal year due to increased freight costs and fluctuating exchange rates.
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