on GUILLEMOT (EPA:GUI)
Guillemot Corporation Reports Strong First Half of 2024
Guillemot Corporation has announced its 2024 consolidated interim results, revealing notable financial growth for the first half of the year. The Group's turnover rose to €56 million, a 16% increase compared to the same period in 2023. Net operating income improved significantly, reaching €3.6 million from a loss of €3.9 million in 2023.
Shareholders' equity stood at €102.7 million on June 30, 2024. The Group maintained a negative net debt of -€19.6 million, excluding investment securities. Inventories slightly decreased by 3% to €44.3 million as part of preparations for the year's end.
Thrustmaster, a key brand under Guillemot Corporation, signed a strategic sales agreement with JD.com. The brand also plans to introduce new racing and flight sim products to strengthen its market position. Hercules continues to expand its DJing range, receiving positive feedback and wider retail distribution.
R. H.
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