ALTHEORA: H1 2024 turnover of €21.2 million

The ALTHEORA group, specialized in the processing of composite and polymer materials, recorded a turnover of €21.2 million for the first half of 2024. This performance represents a decrease of 7% compared to 2023.

This decrease is explained by the continuing crisis in the construction sector, with a fall in individual sales of 26.8% and 25.9% for developers. However, the diversification of sectors, particularly furniture and leisure, has enabled the group to limit the impacts.

The mobility sector, representing 42% of turnover, is also experiencing a slowdown but remains supported by aeronautics and automobiles. Defense is boosting the industrial sector, although industrial equipment remains sluggish.

ALTHEORA continues to deploy its strategy in response to the expectations of customers seeking sustainable and competitive solutions, and is preparing to publish its half-year results on September 24, 2024.