Financial PerformanceAs a positive surprise, Adj. EBIT came at Eu3.3mn, much better than the Eu2.3mn estimate, with a 2.8% margin, improving 1.3pp QoQ.
Management StrategyManagement confirmed its ambition to reach turnover above Eu500mn, an adj. EBIT margin above 6%, and leverage below 0.5x, on condition of a neutral market dynamic.
Revenue GrowthGood performance of the North American region, up 9.6% YoY thanks to the new distribution strategy, the launch of new products, and new OEM customer activations.