Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Precia SA ( (FR:ALPM) ) has shared an update.
Precia Molen Group reported a slight decline in sales revenue for the 2024 fiscal year, with a total of €168.9 million, marking a 0.8% decrease from 2023. Despite a downturn in its historical market in France, the company saw significant growth in Lithuania, Poland, and the UK. The group plans to sell its non-profitable commercial weighing activities in mainland France to focus on its core industrial weighing solutions. This strategic move is expected to streamline operations and potentially improve profitability, with moderate growth anticipated for 2025.
More about Precia SA
PRECIA MOLEN, founded in 1951 and based in Privas, Ardèche, specializes in designing, manufacturing, and maintaining industrial and commercial weighing instruments. The company serves various sectors, including heavy and light industries, and is present on five continents with nine production sites. It is listed on the Euronext Growth Paris market.
YTD Price Performance: 5.88%
Average Trading Volume: 3
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €175.2M
For a thorough assessment of ALPM stock, go to TipRanks’ Stock Analysis page.