BRÈVE

sur KERLINK (EPA:ALKLK)

Kerlink Reports 6% Revenue Decline Amid Wait-and-See Market

Graphique de l'évolution du cours de l'action KERLINK (EPA:ALKLK).

Kerlink, a French network and IoT solutions provider, announced a 6% drop in H1 2024 revenue to €6.2m compared to €6.6m in H1 2023. The decline is attributed mainly to the termination of two Network as a Service (NaaS) contracts due to economic difficulties faced by clients.

Despite the revenue fall, sales of network infrastructure equipment rose by 5%, reaching €4.8m. This increase offsets a 29% dip in services revenue, which fell to €1.5m. Kerlink attributed this shift to integrating value-added solutions into infrastructure products, favoring equipment sales.

The group's cash position improved from €4m at the end of December 2023 to €5.3m by the end of June 2024, thanks to measures implemented last year. Although Kerlink remains optimistic about future prospects, it revised its 2024 financial goals due to current market uncertainties.

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