Actia Group: towards positive results for fiscal year 2024

(CercleFinance.com) - Actia Group announced on Thursday that it was aiming for positive results in 2024 despite a downturn in sales in Q4 and for the year as a whole, against the backdrop of a commercial slowdown in Europe and the Americas.


The manufacturer of electronic parts for sectors such as railways, aeronautics, energy and telecommunications saw its sales fall by 8% to 141.6 million euros in Q4.

For the full year 2024, consolidated sales came to 535.1 million euros, down 7.6%, slightly ahead of the company's target of 520 to 530 million.

Thanks to disposals of non-strategic assets, lower financial expenses and cost control, Actia nevertheless expects to post positive annual results in 2024.

While strong uncertainties currently weighing on the automotive industry, particularly in Europe and North America, are prompting caution, the Group indicates that continued growth in its three other divisions (aerospace, energy and engineering services) should enable it to stabilize its 2025 sales at the 2024 level, i.e. around 535 million euros.

Despite this relatively cautious message, Actia shares gained over 4% on Thursday morning on the Paris Bourse, but their decline over the past 12 months still exceeded 30%.

The group plans to publish its full-year 2024 results on March 28.

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