Grolleau records a turnover of €30.9 million over nine months

The Grolleau company, specializing in urban and industrial infrastructure, has published a turnover of 30.9 million euros for the first nine months of 2024. This represents a decline of 7% compared to the same period in 2023, a result in line with the group's expectations.

The third quarter was marked by a significant drop in sales to €8.3 million, particularly in the telecoms and charging station sectors. The Telecoms and Data division suffered a 17% decline, with a turnover of €9.1 million over nine months. The Smart City sector also recorded a decline of 12.3%.

Despite the decline, the Industry and Energy division grew by 13.3%, thanks to activities in solar energy and continued collaboration with industrial groups. Grolleau is forecasting a better fourth quarter but without significant growth, aiming for annual sales of 41 million euros.