ABEO presents annual growth of 4.0% for the 2023/24 financial year

ABEO, a major player in the sports and leisure equipment sector, recorded an increase in turnover to €248.4 million for the 2023/24 financial year, marking growth of 4.0% per year. compared to the previous year. Order intake also increased, reaching 248.3 million euros, a sign of an improvement of 4.1% compared to the 2022/23 financial year.

The last quarter still showed a slight decline of 2.0% in turnover, mainly due to the strong increase in the previous year. However, the Sports division saw a notable increase during the first nine months, boosted largely by preparations for the Paris 2024 Olympic and Paralympic Games. Gymnastics activities in France were particularly dynamic, with organic growth of 12,000. 9% over the period.

Despite a complicated global economic context, the company remains confident in preserving its level of operational profitability for this financial year. Preparations for the Paris 2024 Games are well underway, strengthening ABEO's involvement in these international events. The group is preparing to present its annual results on June 4, 2024.