Aalberts N.V.: Aalberts realises organic revenue growth in line with expectations
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Aalberts N.V. reported a -2.9% organic revenue growth for the first ten months of 2024, with the building technology segment at -4.7% and industrial technology at -0.7%. The added value margin remained stable.
November 07, 2024 | 6:45 am
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Aalberts N.V. reported a -2.9% organic revenue growth for the first ten months of 2024, with declines in both building and industrial technology segments. However, the added value margin remained stable.
The negative organic revenue growth in both key segments suggests potential challenges in market demand or operational efficiency, which could negatively impact investor sentiment and short-term stock performance. However, the stable added value margin may provide some reassurance.
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