(Boursier.com) — Volt Drone finally achieved a turnover of 8.9 million euros in the first quarter of 2024, more than 5 times higher than that of the first quarter of 2023. This strong increase is driven by the favorable results of the historic order signed in February 2023 .
“Not only did the Group deliver, invoice and collect the balance of this order, for approximately 4 million euros during the quarter, but it now receives regular orders which represented 2.6 million euros in invoices and payments. “receipts at the end of March and 1.7 million euros since the beginning of April,” explains Drone Volt.
Thanks to this solid dynamic, the consolidated gross margin for the quarter exceeds 1 million euros, up 213% year-on-year. The gross margin rate notably amounts to 58% on the high value-added activities grouped within DRONE VOLT FACTORY, SERVICES & ACADEMY.
Drone Volt confirms its ambition for a significant increase in its consolidated gross margin over the entire 2024 financial year. Accompanied by a contained reduction in operational costs, it should make it possible to significantly improve the group’s profitability.
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