Roche Bobois Faces Revenue Decline but Holds Steady

Roche Bobois SAS (FR:RBO) has released an update.

Roche Bobois SA reported a decrease in revenue by 7.8% to €204.4M and a 26.6% drop in EBITDA to €36.6M for the first half of 2024, attributing the decline to market challenges and logistical delays. Despite this, the company maintained a strong financial position with stable cash reserves and controlled operational expenses, and projects an annual revenue of around €418M for the year, which will not match the record sales of 2023.

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