Société Industrielle et Financière de l'Artois (ARTO) H2 2024 earnings summary

Executive summary

• Consolidated revenue reached €161 million in 2024, up 1% year-over-year, driven by strong performance in Automatic Systems, especially in North America and public transport segments.

• Operational result improved to -€3 million from -€7 million in 2023, reflecting profitability recovery and the sale of Indestat business.

• Net result was €17 million, down from €25 million in 2023; group share of net result was €20 million, down from €30 million.

Financial highlights

• Revenue: €160.8 million in 2024 vs. €158.7 million in 2023.

• Operating result: -€2.5 million in 2024 vs. -€6.8 million in 2023.

• Financial result: €28.3 million in 2024 vs. €40.2 million in 2023, due to lower dividends.

• Net result: €17.2 million in 2024 vs. €25.5 million in 2023.

• Group net result: €20.3 million in 2024 vs. €30.3 million in 2023.

Outlook and guidance

• Board proposes a stable dividend of €68 per share for 2024, totaling €18 million.