Claranova: sales down 4% in 1st half-year

(CercleFinance.com) - Claranova's sales for the first half of 2023-24 were down by 4% year-on-year, to 301 million euros, due to unfavorable currency variations (+1% at constant exchange rates).


Excluding currency effects, the Avanquest and myDevices divisions achieved growth of +14% and +78% respectively, while PlanetArt saw its sales fall by 3% 'but without any concession on acquisition costs'.

Claranova believes that these performances should enable it to record a strong improvement of more than 50% in its normalized operating income before non-recurring items over the past half-year, compared with the same period in 2022-23.

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