Prodways Group : Q1 in line with expectations
>Q1 down in both divisions - Prodways Group reported yesterday evening Q1 2024 revenues down 26% YoY to € 16m, in line with our expectations. Both divisions were unsurprisingly hurt by a persistently challenging momentum, and their reported revenues were further dented by the reclassification of the group as a software business agent (Avenao - DS integrator). On a like-for-like basis, Q1 revenues would be down 7% YoY. By division, Systems (48% Q1 revenues) reported ...Prodways Group SA. Prodways Group SA is a France-based company engaged in the industrial machinery sector. The Company focuses its activities on the industrial three-dimensional (3D) printing market and more specifically on ''rapid manufacturing'' 3D printing for industrial series production. The Company designs, manufactures and sells products for various industries, including automotive, dental, molding, medical, jewelry and luxury, aerospace and defense, architectural and design, consumer products and academic and research. It offers its customers multi-technology, multi-application industrial solutions, 3D printing systems and a wide range of composite, hybrid and powder products. In addition, it also develops its own manufacturing for the podiatry (orthopaedic soles) and dentistry (orthodontic pieces and dental trays) markets that is sold directly to healthcare professionals. It operates through Avenao Industrie and Interson-Protac.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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