ABEO: Financial stability and encouraging outlook for 2024/25

ABEO, a global player in sports equipment, posted a slight increase with half-yearly sales of €123.9 million, an increase of 0.4%. Current EBITDA remained stable at €14 million, representing 11.3% of sales. Net income, Group share, amounted to €2.6 million, marking an increase of 3.7%.

The company anticipates an acceleration of growth in the second half, reinforced by a 9.9% increase in orders. ABEO's participation in the Paris 2024 Olympic Games highlighted its expertise without significantly affecting its financial results.

ABEO strengthens its financial structure with a €130 million credit contract, thus securing its medium-term financing. Free cash flows improve, falling to -€3.1 million, offsetting the -€18.2 million of the previous year.