(AOF) – In 2023, Drone Volt reduced its operational loss which fell to 5.3 million euros compared to 22 million euros in 2022. Its net loss also decreased from 25.5 million euros to 5 .3 million euros over one year. The company recorded revenue growth of 75% in 2023 and reached a new historic sales record, at almost 25 million euros. At the same time, the consolidated gross margin for the year stood at nearly 3.7 million euros, an increase of 27%. The company has a record level of equity of 20 million euros at the end of 2023.
In the first quarter of 2024, Drone Volt already anticipates a doubling of its turnover (1.574 million euros in the first quarter of 2023) and its gross margin (327,000 euros in the first quarter of 2023).
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Sector sheet – Electronics
Large TVs booming
If specialists expected less appetite for large televisions after the health crisis, this is clearly not the case. The IFA highlighted the development of this equipment, with screens that can reach up to 120 inches. This market segment should see its activity driven by next summer’s Olympic Games. Leader for seventeen years in the television market, Samsung offers the most complete technological range. Large televisions are rather standard products for the Korean giant. As for the Chinese TCL, which took second place in the world market from LG, it is banking on the accessibility of its products, with prices significantly lower than those charged by Samsung. The group achieved growth of nearly 68% between the first half of 2021 and 2022 in the segment over 65 inches. Over one year, the average size of screens marketed by TCL increased from 46.3 to 49.9 inches. Another Chinese player, Hisense, is also seeking to gain market share in this niche.