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ABEO's stable performance in the third quarter of 2024/25

Stock price chart of ABEO (EPA:ABEO) showing fluctuations.

ABEO, the world leader in sports and leisure equipment, announces a turnover of €59.5 million for the third quarter of 2024/25, a decrease of 2.1% compared to the same period last year. This decrease is offset by a growth in order intake of 6.4% as of December 31, 2024. The Sports division is experiencing a slowdown with a turnover down 6%, while Sportainment & Escalade is posting growth of 8.3%, supported by the Fun Spot activities in the United States.

The Locker Rooms division experienced a slight decline of 1.2% but remained stable over nine months. Overall, revenue over nine months reached €183.4 million, almost stable compared to the previous year. ABEO remains optimistic for the fourth quarter, anticipating an improvement thanks to expected catch-ups and the dynamic order intake. The recent partnership signings for the 2028 Olympic Games should also support future growth.

R. E.

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