Prodways Group : Slightly better momentum but still far from a turning point
>Slight return to growth in Q3 (especially thanks to Avenao...) - Prodways Group published yesterday evening Q3 2024 sales down 22% y-o-y to € 14.8m (vs € 14m est.). On a like-for-like basis, sales nevertheless increased by 4% y-o-y, marking a slight inflection compared to previous quarters. Note that the group stopped its Solidscape activity at the beginning of 2024 (3D printers for jewelry), while the reclassification of Prodways as an agent for its DS integrator...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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