Exel Industries: sales up 2% in Q3

(CercleFinance.com) - For the third quarter of its 2023-24 financial year, Exel Industries posted sales of 316.
5 million euros, up 2.1% on a reported basis and on a like-for-like basis, 'despite a high base effect'.

On a like-for-like basis, the decline in the agricultural spraying (-1.6%) and leisure (-8.8%) businesses was more than offset by growth in the industrial (+14.1%) and beet harvesting (+15%) businesses.

"Against this backdrop, Exel Industries is focusing its efforts on improving operating efficiency, and will remain attentive to market trends in the fourth quarter," comments CEO Daniel Tragus.

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