Turnover for the 2nd quarter: EUR 10.7 million (+2.5%)

Montilliers – July 25, 2024. The Grolleau company (ISIN code: FR0014005ZM5 / Ticker: ALGRO) announces a turnover of €10.7 million in the 2nd quarter of 2024, up 2.5% compared to the 2nd quarter of 2023 proforma . This performance is attributed to the dynamics of the Energy and Industry division.

The half-year turnover for 2024 amounts to €22.5 million, an increase of 72.1% compared to that published in 2023 and 0.8% compared to the proforma. The Telecom sector shows a slight decrease of 5.1%, while the Smart City and Energy & Industry activities show respective variations of -16.3% and +52.1%.

Grolleau reports the delivery of various equipment, including a modular data center for an agri-food company and control cabinets for TERRALPHA. The 12-month order book stands at €17.0 million.

For the remainder of 2024, Grolleau anticipates consolidation with increased deliveries in the Telecom, Smart City and Energy & Industry divisions.