on LARGO (isin : FR0013308582)
Largo: Strong Growth and Improved Profitability in the First Half of 2024
Largo, a French player in the reconditioning of high-tech products, has announced robust financial results for the first half of 2024, with an 84% increase in turnover compared to 2023, reaching €15.7 million. This performance is accompanied by a significant improvement in profitability indicators and optimized cost management.
The third quarter of 2024 also marked a record, with revenues of €10.6 million, up 89% compared to the previous year. This growth is mainly driven by the Operator channel, representing 58% of revenues.
Largo continues to strengthen its international position with a strategic partnership with Orange Poland. In addition, the company maintains its profitable growth trajectory thanks to stable fixed costs and continued improvement in margins.
R. H.
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