ACTIA Group (ALATI) Q2 2024 TU earnings summary

Executive summary

• Second quarter 2024 consolidated turnover was €139.7m, stable sequentially but down 7.2% year-over-year.

• First half 2024 turnover reached €279.5m, a 3.2% decrease compared to H1 2023.

• 60.2% of turnover was generated with international customers.

• Diversification and new solution launches partially offset sector downturns.

Financial highlights

• Q2 2024 turnover: €139.7m, down 7.2% year-over-year.

• H1 2024 turnover: €279.5m, down 3.2% year-over-year.

• Mobility Division H1 sales: €238.3m, down 1.2% year-over-year.

• Aerospace Division H1 sales: €31.3m, down 1.7% year-over-year.

• Energy Division H1 sales: €12.1m, down 21.5% year-over-year.

• Engineering Services H1 sales: €18.3m, up 34.4% year-over-year.

Outlook and guidance

• 2024 turnover now forecasted to be between + or -5%, revised from original +3 to 5% growth.

• Medium-term target remains €800m revenue by 2027.

• Ongoing focus on uninterrupted supplies and financial structure improvement.