on ABEO (EPA:ABEO)
ABEO Reports Q1 Revenue Growth and Increased Order Intake
ABEO, a global supplier of sports and leisure equipment, announced its financial results for Q1 2026/27. Revenue reached €61.7 million, a 1.6% increase from the previous year. However, on a like-for-like basis, revenue decreased by 6.4%, impacted by election schedules and budget constraints in the French market.
The Sports division saw a revenue rise of 11.7% to €33.6 million, driven by Sodex and Vogo's stable performance. The Sportainment & Climbing division faced a 2.4% decline, generating €13.4 million, while the Changing Rooms division reported a 13.2% revenue drop to €14.7 million due to operational disruptions in Europe.
Order intake increased by 11.1% to €81.0 million. ABEO remains optimistic about its growth potential, backed by a global footprint and diverse portfolio. A new agreement with the National Rugby League supports this confidence.
R. P.
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