Precia Molen: stable sales in Q1

(CercleFinance.com) - Precia Molen reports stable sales of ?39.
9 million for the first quarter of 2024, with a 1.5% organic decline and a 0.1% negative currency effect offset by a 1.6% positive scope effect.

The supplier of weighing equipment recorded a 2.4% decline in sales in France (-4.6% on a like-for-like basis), but international business was up overall.

Thus, while the start of the year 'confirms a slowdown in equipment order intake in France compared with targets', Precia Molen believes that limited growth in 2024 sales should be confirmed at group level.

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