Prodways Group : Reorganisation completed but still no turning point at this stage
>Q2 sales down 3% like-for-like - Prodways Group reported yesterday evening Q2 2024 sales down 30% year-on-year to € 15m (vs € 16.5m est.). As a reminder, sales were dented in H1 by Prodways’ reclassification as an agent in its software business (DS integrator) as the group ceased its Solidscape business (sale of 3D printers for jewellery) in the first half-year. Stripping out these impacts, Q2 sales on a like-for-like basis fell by 3% year-on-year and H1 sales fell b...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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