Lexibook: surrounded after its half-year results

(CercleFinance.com) - Lexibook's share price soared by nearly 15% following the publication of net income of 3.
09 million euros for the first half of 2023-24, compared with 1.25 million a year earlier, and operating income up 47.3% to 3.54 million.

"This increase is essentially due to higher sales volumes and improved margins, and testifies to the Group's ability to generate high margins thanks to its niche strategy", explains the leisure electronics company.

Its sales rose by 8.9% to 22.2 million euros at the end of September. The third quarter of 2023-24 is expected to see further growth, pointing to new record sales for December 31, 2023", adds Lexibook.

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