BRIEF

on LARGO (isin : FR0013308582)

Appointment of Julien Pathé as Production Director of Largo

Largo, a company specializing in the reconditioning of high-tech products, announces the appointment of Julien Pathé to the position of Production Director. This recruitment is part of a dynamic of improving the company's industrial performance.

Julien Pathé, with 18 years of experience in production engineering, has worked at LISI AEROSPACE where he managed a unit of 130 people. His skills in industrial and logistics management will be used to optimize Largo's profitability and production processes.

Since 2023, Largo has improved several performance indicators, such as an 11% increase in productivity and a 23% reduction in product stocking time. These results are the result of the deployment of Business Intelligence tools and the optimization of industrial management.

Thanks to these optimizations, Largo's unit gross margin increased by 33% between H1 2023 and H1 2024. This positive momentum should continue with the arrival of Julien Pathé, who intends to further strengthen the company's industrial performance.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all LARGO news