on EXEL INDUSTRIES (EPA:EXE)
EXEL Industries: 10.9% drop in turnover in Q3 2024-2025
EXEL Industries announced revenue of €282.1 million for the third quarter of 2024-2025, a decrease of 10.9% compared to the previous year. The Agricultural Spraying division recorded a significant decline of 24.2%, affected by the drought in Australia and an uncertain market in North America. Sugar beet harvesting declined by 8.5%, despite stability in Germany and North America.
In contrast, the Leisure segment grew by 7.3%, driven by favorable weather conditions in the United Kingdom. Industrial sales increased by 2.3%, mainly thanks to Systems projects and paint applications. However, the industrial market showed regional disparities, with strong growth in France and the Americas, but a decline in Western Europe.
R. P.
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