Half-year results 2024: Current EBITDA of 19% and strong cash generation for Exail Technologies

Exail Technologies, formerly Groupe Gorgé, announced positive results for the first half of 2024. Revenues reached €163 million, up 5% compared to the previous year. Current EBITDA stood at €30 million, representing a margin of 19%, in line with the company's expectations.

Commercial activity was particularly dynamic with a 16% increase in order intake. A significant contract worth €60 million was signed in July, highlighting the group's transformation towards increased industrial production. Furthermore, exports continue to represent nearly 90% of orders.

Operating cash flow showed a notable improvement, amounting to EUR 22 million, an increase of EUR 27 million compared to the previous half-year.

With strong revenue growth targets and an even more active second half of the year, Exail Technologies asserts a strong market position. The company maintains its guidance of double-digit revenue growth in 2024.