Linedata Services (FR:LIN) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Linedata Services reports a positive first half of 2024 with a revenue increase of 2.5% to €89.7 M and a significant net income rise of 24.4% to €10.6 M. The company witnessed substantial operational improvements, including a higher EBITDA margin and a reduction in net debt, evidencing a strong financial position and the potential for continued organic growth. With a steady net margin increase, Linedata remains optimistic about maintaining its profitability for the remainder of the year.
For further insights into FR:LIN stock, check out TipRanks’ Stock Analysis page.