Largo closes 2023 with an activity of 21.2 ME







Photo credit © Arnaud Bivès

(Boursier.com) — Largo generated a 2023 turnover of €21.2 million.

The company, which will publish its accounts on April 23, mentions the “validation of the economic model and the strategy focused on improving profitability” and the increase in margins during H2 2023.

Largo also indicates that the start of the 2024 financial year is “promising”, driven by the successful implementation of the new economic model with a very good level of activity at the start of the year.

The sales growth objective for Q1 2024 is +60%.

Largo does not plan to tap the market given its cash position as of December 31, 2023.


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