(CercleFinance.com) – Lexibook is making progress on the stock market on Thursday after reporting continued growth over the past quarter, with turnover up 12.9%.
In the quarter ended at the end of September, the second of its 2023/2024 fiscal year, the manufacturer of electronic toys and educational products saw its turnover increase to 15.1 million euros, compared to 13.4 million a year earlier.
Over its entire first half, its revenues increased by 8.9% to reach 22.1 million euros.
Despite a high base effect, the group says it expects ‘slight growth’ in its turnover in the third quarter, the most contributory in terms of annual turnover, auguring ‘a new fiscal year of profitable growth’ according to him.
The stock rose by more than 2% Thursday morning on the Paris Stock Exchange following this quarterly publication.
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