Serge Ferrari : H1 revenue slightly higher than our forecast
>H1 2024 revenue down 7.8% to € 161.9m (vs. € 160.3m forecast) - Serge Ferrari published H1 2024 revenue yesterday evening, which came out slightly higher than our forecast. Group revenue for H1 came to € 161.9m (vs. € 160.3m forecast), down 7.8% (-7.6% like-for-like). In Q2 alone, revenue came to € 88.4m, down by just 2.5%, impacted by: i/ a negative volume effect of 11.8% (fall in modular structure activity in the Americas and in the furniture and marine segment in ...Sergeferrari Group SAS is a France-based company, which produces flexible composite materials. It designs and produces such products as performance building materials (tensile architecture, bioclimatic facade, solar protection and acoustic solutions), advanced materials (modular structures, agro-energy and environmental protection) and design & outdoor materials (yachting protection, contract and outdoor furniture, awnings and canopies, visual communication and ecolodge). Beyond products, Sergeferrari Group SAS is also committed to providing support to its customers, skilled technical resources supporting customers, application advice aiming at specified sales and suitable technical documents, by providing training to customers. It operates through Giofex.
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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