on PASSAT (EPA:PSAT)
PASSAT 2024 Half-Year Results
The PASSAT group has published its results for the first half of 2024. Turnover amounts to €29.8 million, down 3.3% compared to the same period in 2023. Operating profit reaches €0.91 million, representing 3% of turnover.
In France, representing 93.6% of the group's activity, the turnover is €27.9 million. The operating result stands at €995,000, or 3.6% of the turnover. In Southern Europe, the activity reaches €0.8 million. North America records a turnover of €1.1 million.
The group's consolidated net profit goes from €0.7 million in 2023 to -€0.18 million in 2024. The outlook for 2024 shows stability in the business, although profitability could be impacted by the increase in maritime transport costs due to international tensions.
R. P.
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