Airwell: sales down 21% for 1st half-year

(CercleFinance.com) - Airwell is down nearly 4% after the creator of intelligent energy ecosystems announced sales of €25.
7 million for the first half of 2024, down 20.8% year-on-year.

The Group explains that its overall business environment was less buoyant, marked by a clear slowdown in the market after several years of strong growth, due in particular to a sluggish real estate market.

Nevertheless, in view of the current order book, it expects sales to rebound sharply in the second half of the year, and is confident of another year of growth in 2024. He is targeting sales in excess of 100 million in 2025, with an EBITDA margin in excess of 5%.

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