Abeo: sustained internal growth











Photo credit © ChaunuPictures


(Boursier.com) — The good dynamic of activity at Abeo continued during the 2nd quarter of 2022/23, the company recording revenue of €61.8 million, up 19.5%, including a scope effect linked to the integration of the latest
acquisitions, Eurogym1 and BigAirBag2 of +3.6% and a favorable exchange rate effect of 2.9%.

The three divisions continued to drive organic growth in the 2nd quarter of 2022/23, which remained sustained at 13% and despite activity in Asia still hampered by the constraints imposed by the pandemic.

Given this good level of activity, Abeo remains confident in its ability to deliver another year of double-digit organic growth, while remaining vigilant in the face of inflationary pressures which require finding the right balance between volume and operational performance.


©2022 Boursier.com






Source link -87