Largo (FR0013308582 – ALLGO), a French eco-responsible player expert in reconditioning, announces that it has sold more than 10,000 reconditioned devices to telecom operators, representing a turnover of more than €2.6 million, less than a year after the launch of its offer.
Launched less than a year ago, the offer for telecom operators has enabled the Company to achieve revenue of €2.6 million, more than 50% of which comes from the Digicel Group, one of of the main telecom leaders in the Caribbean. This sales channel complements Largo’s offer, which is also made up of the following four business units: Mass distribution, Largo marketplaces and website, B2B and Insurance. As a reminder, in 2021, the Company recorded revenues of €17.6 million.
Christophe Brunot and Frédéric Gandon, Co-founders of Largo declare: “This first year of partnership with telecommunications operators illustrates the competitiveness and relevance of our eco-responsible positioning within the world of telephony. Building on the achievement of this first milestone as well as the quality and transparency of our offer, we intend to expand our market share in this branch with the aim of establishing ourselves as the key French player in reconditioning with telecom operators. »
Next financial communication: 2021 annual results and 1st quarter 2022 revenue, April 27, 2022 (after market close)