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Prodways Group Anticipates Improved Second Half

Prodways Group Anticipates Improved Second Half

Prodways Group SA (FR:PWG) has released an update.

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Prodways Group SA reported a revenue decline in Q2 2024, with a 3% decrease on a comparable basis due to classification changes and activity scope adjustments. Despite a challenging quarter, the Group is on target for 2024 and anticipates revenue growth and improved results in the second half of the year. The Systems Division saw a rebound in printer sales and material sales growth, while the Products Division experienced mixed results, with organizational restructuring expected to yield better performance moving forward.

For further insights into FR:PWG stock, check out TipRanks’ Stock Analysis page.

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