Actia Group: 1% sales growth in Q1

(CercleFinance.com) - Actia Group has announced sales of 139.
8 million euros for the first quarter of 2024, up 1.1%, in line with its objective of annual growth of between 3% and 5%.

The embedded electronics group points out that growth in its mobility (+3.5%) and engineering services (+56.1%) activities offset reductions in its aerospace (-17%) and energy (-22.8%) businesses.

The economic context at the start of the year, marked by volume cuts announced by certain customers, led to a contraction in the short-term (less than one year) portion of the order book to 74.3%, compared with 76.1% a year earlier.

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