Augros Cosmetic Packaging financial report as of October 31, 2024

Augros Cosmetic Packaging reported revenue of €11.2 million as of October 31, 2024. This result represents a decrease of 36% compared to the previous financial year. Despite this decrease, revenue remains in line with that of the first half of the year.

The forecast for the end of the year anticipates an annual turnover of approximately 13.2 million euros, a significant decrease compared to the 20.8 million euros achieved in 2023. This decrease is mainly due to a weaker than expected recovery in the packaging sector and a lack of recovery in surface treatment.

The uncertain economic and political context, reinforced by risks of protectionist measures, contributes to this slowdown, particularly affecting Augros' customers in key markets.