Lexibook Linguistic Electronic System SA (FR:ALLEX) has released an update.
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Lexibook reported a robust 11% increase in sales for the first half of the fiscal year, reaching €24.6 million, driven by strong growth in the United States and France. However, increased advertising costs and changes in accounting resulted in a decrease in operating income and net profits compared to last year. The company remains optimistic but vigilant about potential impacts from the EUR/USD exchange rate.
For further insights into FR:ALLEX stock, check out TipRanks’ Stock Analysis page.
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