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Grolleau: 2024 annual results and 2025 outlook

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Grolleau has presented its results for 2024, with revenue of €39.9 million, slightly down from 2023. This decline is due to adjustments in the charging station sector and the closure of an unprofitable site in Mexico. However, the margin on purchase cost increased, demonstrating effective expense management.

In 2024, Grolleau maintained its stable expenses, despite a 10% reduction in its workforce as part of an adaptation plan. External expenses decreased while available cash flow fell to €3.3 million.

For 2025, Grolleau anticipates slight growth. The first quarter showed a decline in revenue, offset by an increase in orders. The company expects its profitability to improve, driven by sectors such as energy and data centers.

R. E.

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