(CercleFinance.com) – Alpha MOS fell sharply this Tuesday on the Paris Stock Exchange after reporting a widening of its losses in the first half, against a backdrop of inflationary pressures and investments aimed at developing its activity with major accounts .
Over the first six months of the year, the industrial group’s operational loss increased to 1.5 million euros compared to -1.2 million euros a year earlier.
Its net loss stands at more than two million euros compared to a shortfall of 1.3 million euros at the end of the first half of 2022.
Turnover for the first half increased by 14% to reach 2.7 billion euros.
If the manufacturer of artificial noses has confirmed its objective of organic growth in turnover for the current year, the group’s cash flow in the short term is a subject ‘which leads to a certain caution’, underline analysts at ‘Euroland.
With 784,000 euros of available cash, Alpha MOS itself recognizes that it does not have sufficient resources to finance its operational development plan over the next twelve months.
In this context, the company says it is considering different hypotheses in order to strengthen its financial structure, in particular favoring obtaining external financing.
If they lower their price target on the stock from three to 2.5 euros, Euroland analysts reiterate their purchase recommendation on the stock, saying they are ‘very positive’ on the encouraging results obtained in the activity. medtech’ and the commercial dynamics of ‘foodtech’.
With losses of 26%, the Alpha MOS stock recorded the biggest drop on the Paris market on Tuesday following this publication.