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Prodways Group Experiences Downturn in H1 2024

Prodways Group Experiences Downturn in H1 2024

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

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Prodways Group SA reports a decrease in turnover to 31 million euros in H1 2024, a 28% drop from the previous year, attributed to a reclassification in the Software activity and changes in scope. Despite this, the company has seen a 4-point improvement in its EBITDA margin to 8%. The overall financial performance shows declines across the board, with net results down 62% from H1 2023.

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

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