tiprankstipranks
Trending News
More News >

Linedata Services Posts Strong H1 2024 Financials

Linedata Services Posts Strong H1 2024 Financials

Linedata Services (FR:LIN) has released an update.

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1