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Sergeferrari: Virtually stable sales in 2024

(CercleFinance.com) - Sergeferrari has announced sales of 323.
6 million euros for 2024, down slightly by 1.2% (-1% on a like-for-like basis), but with a gradual recovery in volumes observed since the end of the first half.

Sales for the supplier of innovative composite fabrics rose by 13.6% year-on-year to 89.8 million euros in the fourth quarter, boosted by a recovery in activity in all the Group's geographical markets.

The full-year effects of the Transform 2025 plan, and the current improvement in economic conditions in all the Group's markets, confirm the Group's ambition to return rapidly to profitability.

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