on ABEO (EPA:ABEO)
ABEO: Growth in the 2nd quarter of 2024/25 and promising prospects
ABEO, the world leader in sports equipment, announces a 2.9% increase in its turnover in the 2nd quarter of 2024/25, reaching €67.3 million. The Sports division grew by 7%, supported by Gymnastics and Benelux. On the other hand, the Sportainment & Climbing division declined by 4.9% due to economic uncertainties in Europe, although its orders are up. The Locker Rooms division remains stable thanks to robust demand in England.
ABEO’s expertise was highlighted during the Paris 2024 Olympic and Paralympic Games, where the group received praise for its contribution to the success of the event. Olivier Estèves, CEO of ABEO, expressed his pride in this collective achievement.
For the second half of 2024/25, ABEO expects to continue its momentum, with orders growing by 9.9%, anticipating an improvement in its operational performance thanks in particular to the repositioning of Fun Spot.
R. H.
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