(AOF) – Archos announces that its subsidiary Logic Instrument posts a positive net result of 0.02 million euros in 2022 against a loss of 0.84 million euros in 2021. It does, however, post an operating loss of 0.185 million against a loss of 0.629 million in 2021. The gross margin stood at 3 million euros (+28%) and the margin rate increased by 0.6 points to 30.3%. Turnover increased by 26% to 9.92 million euros.
“This increase is the result of the gradual recovery of its customers’ activities, particularly in Germany and for export (customers in the USA and Turkey)”, explains the company.
Logic Instrument explains that the geopolitical context is favorable to its activities in the defense sector with an increase in investment budgets in Europe with in particular a major project in Germany which will be invoiced in the first half of 2023.