BRÈVE

sur ABEO (EPA:ABEO)

Strong annual results for ABEO in 2023/24

ABEO, the world leader in sports and leisure equipment, has announced its consolidated annual results for the 2023/24 financial year. Turnover reached €248.4 million, an organic increase of 4.6%. This increase is mainly supported by the Sports division which recorded organic growth of 9.3%.

Current EBITDA amounts to €29.0 million, representing a margin of 11.7%, stable compared to the previous financial year. However, net profit fell to €1.7 million, impacted by non-recurring items. Free cash flows are positive at €3.2 million.

Olivier Estèves, CEO of ABEO, expresses his satisfaction with the operational performance and commitment of global teams, despite the challenges encountered in the United States. The company anticipates continued development for 2024/25, with notable participation in the Paris 2024 Olympic Games.

R. H.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de ABEO