on ADOMOS (EPA:ALADO)
ADOMOS Publishes its 2024 Half-Year Results and Appoints a New CEO
On October 31, 2024, ADOMOS, a company specializing in the distribution of rental investment real estate, published its half-year results ending June 30, 2024. The company, in receivership since June, posted a significant drop in its operating income, from €1,593K in 2023 to €14K in 2024. The net result shows an aggravated loss of (€3,758K), compared to (€2,569K the previous year.
Regarding its financial situation, equity is €5,876K, marking a decrease of 35.74% compared to the end of 2023. Total debts amount to €11,434K, including unmatured obligations related to the recovery procedure. Net cash is almost zero.
ADOMOS also announced the separation of the roles of Chairman and CEO, appointing Eric Longuépée as CEO. He is responsible for leading the transformation and recovery of the company, with the support of Philippe Ausseur, Chairman of the Board of Directors.
R. H.
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