on DRONE VOLT (EPA:ALDRV)
DRONE VOLT announces a rationalization plan to achieve profitability
On December 17, 2024, DRONE VOLT unveiled a strategic plan to reduce its costs and achieve positive EBITDA by 2025. The company decided to close its subsidiaries Aerialtronics and DRONE VOLT Belgium. This decision will result in a reduction of fixed costs of approximately 400,000 euros per year without affecting turnover. In parallel, the company is exploring other initiatives to achieve additional savings estimated at 300,000 euros per year.
DRONE VOLT aims to focus its efforts on high-margin activities, including services and high value-added benefits. The company has already recorded a 53% increase in its gross margin in the third quarter of 2024 and anticipates increasing demand for its services.
Finally, DRONE VOLT is actively preparing its financing plan for next year, affirming its commitment to strict financial management and profitability-oriented business development.
R. H.
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