BALYO Announces Its Sales for the 1st Quarter of 2024 at €5.2 Million [Yahoo! Finance]
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Source: Yahoo! Finance
Signing of a €12 million shareholder loan in March 2024, extending financial visibility ARCUEIL, France, April 23, 2024 BUSINESS WIRE )--Regulatory News: BALYO (FR0013258399, Ticker: BALYO) , technology leader in the design and development of innovative robotic solutions for industrial trucks, today announces its sales for the 1 st quarter of 2024. Pascal Rialland, CEO of BALYO , states: The first quarter 2024 reflects slower than expected sales momentum and a decline in order intake mainly due to an unfavorable base effect. Indeed, last year Q1 sales were spurred by Linde Material's commitment, which explains in part the decline of the activity in Europe. However, the Americas and the APAC region remain resilient, bringing the backlog to €19 million in Q1 2024, representing an increase by +35%. Now looking ahead, BALYO will focus on further implementing its commercial ambitions to get back to growth, with emphasis on direct sales in order to ensure its commercial autonomy. Tha
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