on PARROT (EPA:PARRO)
Parrot: 20% revenue growth in 2024

In 2024, Parrot recorded consolidated revenue of €78.1 million, a 20% increase over the previous year. The professional microdrones segment performed particularly well, posting 45% growth, thanks in particular to the performance of the ANAFI USA and the new models launched.
Cash position at the end of December 2024 stands at €33.6 million, highlighting efficient management of financial resources. Parrot's results show a significant reduction in losses, with improved operating profit. Efforts to reduce costs and optimize the business model contributed to these positive results.
Looking ahead, Parrot plans to capitalize on the growing demand for secure microdrones while addressing geopolitical challenges. The development of new product lines and the expansion of photogrammetric solutions complement its strategy.
R. E.
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