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on AUGROS COSMETIC PACKAGING (EPA:AUGR)

Turnover for the first half of 2024: -43%

Stock price chart of AUGROS COSMETIC PACKAGING (EPA:AUGR) showing fluctuations.

During the first half of 2024, AUGROS COSMETIC PACKAGING recorded a turnover of €6,530 thousand, compared to €11,551 thousand in 2023, a drop of 43%. This decrease is explained by a reduction in volume for around a quarter and by the destocking of our customers in the luxury perfumery and cosmetics segment for the remaining three quarters.

For the second half, the order book indicates a drop of 10% compared to the second half of 2023. This suggests the end of destocking and a return to more normative restocking activity. However, the segment's sales decline would persist until the end of the year.

R. H.

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