on AQUILA (EPA:ALAQU)
AQUILA to report revenue decline in Q3 2024
Aquila, the French leader in alarm response, has announced a 3.74% decline in its turnover for the third quarter of 2024, reaching 7.97 million euros compared to 8.28 million euros in 2023. Over the first nine months of the year, the cumulative decline amounts to 3.38%, with a total of 22.56 million euros compared to 23.35 million euros the previous year.
This decrease is attributed to unfavorable comparables, leading to a temporary stagnation in development. However, the company anticipates a recovery in 2025, hoping that the projects in progress will be successful despite an uncertain economic situation and the wait-and-see attitude of decision-makers.
Aquila's fundamentals remain strong, fueling hopes of an early return to growth.
R. E.
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