sur BLUELINEA (EPA:ALBLU)
Bluelinea: 2024 half-year results and return to growth
Bluelinea, a key player in the Silver Economy, has published its audited results for the first half of 2024, as well as its third quarter turnover. Despite a start to the year marked by an unfavorable economic climate and elections influencing economic activity, the company maintained a balanced EBITDA. However, turnover for the first half of the year fell by 7%, reaching €4,555k compared to €4,875k the previous year.
The third quarter saw a revival with a 4% growth in turnover thanks to initiatives in its two business areas: Senior & Home, and Establishments. Bluelinea also reduced its external expenses by 16%, thus improving its EBITDA. In addition, the company strengthened its financial position with positive operating cash flows of €81k.
R. H.
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