Precia Molen reports stable sales of €39.9 million for the first quarter of 2024, with a 1.5% organic decline and a 0.1% negative currency effect offset by a 1.6% positive scope effect.

The supplier of weighing equipment recorded a 2.4% decline in sales in France (-4.6% on a like-for-like basis), but international business was up overall.

Thus, while the start of the year 'confirms a slowdown in equipment order intake in France compared with targets', Precia Molen believes that limited growth in 2024 sales should be confirmed at group level.

Copyright (c) 2024 CercleFinance.com. All rights reserved.