on EKINOPS (EPA:EKI)
Moderate growth for Ekinops in the 3rd quarter of 2024
In the third quarter of 2024, Ekinops recorded revenues of €30.4 million, marking an increase of 9% compared to the previous year. This increase is part of a recovery from the declines recorded in previous quarters. At constant exchange rates, growth reached 10%.
Access solutions saw their sales increase by 8% over nine months, boosted by the French market. On the other hand, Optical Transport sales declined by 34% over the same period, influenced by a reluctance of operators to invest.
Overall, Ekinops' revenue for the first nine months of 2024 decreased by 11% compared to 2023. International activity suffered particularly, with a notable decline in North America and EMEA.
R. H.
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