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on NamR (EPA:ALNMR)

NamR: Results for the first half of 2024 and outlook

Stock price chart of NamR (EPA:ALNMR) showing fluctuations.

The company namR announced a tripling of its turnover for the first half of 2024, reaching 1.6 million euros. This performance is attributed to an increase in activity and control of expenses. Cash flow stands at 531K€, without including 1.28M€ of trade receivables.

The objectives for 2024 are confirmed with an expected annual turnover of at least €3.2 million, representing growth of more than 60%. Cost reduction measures will improve results in the second half of the year.

The company is maintaining discussions with its banking partners for the rescheduling of its debt and is exploring other financing options.

This positive dynamic illustrates the solidity of namR's strategy and its commitment to the ecological transition of buildings.

R. P.

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