Aconnic AG Releases First Half Report for 2024

aconnic AG, based in Munich, has published its half-year report for 2024. The company, known for its network technology, saw an 8% decrease in sales during the first half of the year. This decline follows robust growth in 2023. Despite this, aconnic maintains a positive operating cash flow and remains committed to long-term growth.

Project delays, stemming from customer-related issues, slowed installations by up to nine months. These delays mirror broader economic slowdowns in key markets. Nevertheless, aconnic continues to invest in new products. In 2024, they plan to launch a 100 Gigabit product line, a 10 Gigabit system, and a new network management system.

The current backlog of orders and project pipeline support forecasts for renewed sales growth in 2025, despite the challenges in planning and cost management. The full report is available on aconnic's website.