on ACTIA (EPA:ALATI)
ACTIA Group: Review of the 3rd Quarter 2024
ACTIA Group posted consolidated revenue of €114.1 million in the third quarter of 2024, down 16.2% compared to the previous year. Over the first nine months, sales totaled €393.5 million euros, down 7.4%.
The Mobility division, focused on embedded systems for the automotive sector, saw a 22.7% drop in Q3, impacted by a slowdown in Europe. On the other hand, the Aerospace, Energy, and Engineering Services divisions showed dynamism , with growth of 38.5%, 30% and 27.2% respectively.
For 2024, ACTIA estimates achieving a turnover of between 520 and 530 million euros, reflecting a decline of 8 to 10% compared to 2023, due to the economic situation and challenges in the automotive industry.
R. E.
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