Home » today » Business » Drone Volt Achieves Record-Breaking Revenue Growth and Sets Ambitious Goals for 2024

Drone Volt Achieves Record-Breaking Revenue Growth and Sets Ambitious Goals for 2024

By Alexandra Saintpierre Published on 01/15/2024 at 5:58 p.m.

Photo credit © Drone Volt

(Boursier.com) — Drone Volt announced, at the beginning of December 2023, its ambition to end the year with around 23 million euros in turnover, despite strong tensions on supplies which were penalizing its Distribution activity. Thanks to the mobilization of the teams and the good relationships established with suppliers, the Group ended the year with a turnover of nearly 24 ME. Drone Volt thus recorded revenue growth of +74% and reached a new historic sales record.

The consolidated gross margin for the year stood at €3.4 million, up 17%. In the 2nd half alone, the gross margin represents 20% of turnover, a rate improving by 7 points compared to the same period of 2022.

Perspectives

This dynamic initiated in the second half of 2023 must be confirmed in 2024.

Drone Volt already anticipates strong growth in its revenues in the first quarter of 2024, and a significant increase in its gross margin, driven by high-margin activities within Drone Volt Factory, Services & Academy, overall. of fiscal year 2024.

©2024 Boursier.com
2024-01-15 18:45:01
#Drone #Volt #record #turnover

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.