on LOGIC INSTRUMENT (EPA:ALLOG)
Logic Instrument posts 104% growth in first half of 2024
The Logic Instrument company recorded an impressive performance in the first half of 2024 with turnover reaching 14.6 million euros, an increase of 104% compared to the same period of the previous year. This increase is largely explained by the successful integration of the Elexo company.
The gross margin also increased by 77%, amounting to 3.6 million euros. Operating profit stood at 1.0 million euros and consolidated net profit at 0.8 million euros. The balance sheet shows total assets and liabilities balanced at 17.7 million euros.
For the year 2024, Logic Instrument aims to develop its portfolio of mobile solutions, particularly for the defense sector, and plans reindustrialization in France with Tempest technology. The company is targeting a turnover of 32 million euros by the end of the year and plans to reach 50 million euros in 2025 thanks to external growth opportunities.
R. H.
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