on AUGROS COSMETIC PACKAGING (EPA:AUGR)
41% drop in turnover for AUGROS COSMETIC PACKAGING in 2024
AUGROS COSMETIC PACKAGING announces a 41% decrease in its turnover in 2024, reaching €12,360,000. The decline is notable over both halves, with a 43% drop in the first half and a 38% drop in the second. This trend is the result of the persistent sluggishness of the market and several order postponements.
The outlook is uncertain, particularly due to expected fluctuations in tariffs in the United States and the slowdown in sales in China, particularly affecting the luxury sector. However, some predict a recovery in the second half of 2025, with the hope that the end of destocking will stimulate activity.
The general meeting is scheduled for May 2025, and the 2024 annual financial report will be published in April.
R. E.
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