Grolleau: Half-yearly results 2024

Grolleau, a company specializing in infrastructure equipment, has revealed its half-year results for 2024. Revenue reached €22.6 million, with an EBITDA margin of 2.8%. Over the year, the company anticipates revenue of €41 million, similar to 2023, although profitability is down but positive thanks to operational measures.

Margins on purchasing costs amount to 54%, reflecting good cost management. Personnel and external costs amount to €7.9 million and €3.7 million respectively. The net result attributable to the group is in a slight loss at (0.3) million €. Net financial debts are €2.3 million, controlled at 18.7% of equity.

Grolleau is continuing its transition with synergies around OMP and anticipates a temporary decline in its performance before a return to growth in 2025, notably thanks to the emerging AI market and the deployment of new products next year.