on PRODWAYS (EPA:PWG)
Prodways announces falling results but promises improvement by the end of the year
Prodways Group recorded a turnover of €15 million in the second quarter of 2024, down compared to last year. The decrease is mainly due to changes in classification and scope made in 2023 and 2024. On a comparable basis, revenues decreased by 3%, reaching €15.2 million.
The Systems division saw a slight increase, with €7.3 million in revenue. Printer models for the dental sector boosted sales, although the pace remained below expectations. Sales of 3D materials are growing thanks to a loyal customer base.
The Products division recorded €8 million. Audiology revenues are down, but a rebound is expected in the second half with the new organization.
Prodways maintains its growth objectives for 2024, with a planned increase of 1% to 5% in its turnover.
R. P.
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