on KERLINK (EPA:ALKLK)
Kerlink Reports Underwhelming 2024 Revenue, Eyes Growth in 2025
Kerlink, a global provider of IoT solutions, announced its 2024 revenue of €11.7 million, a decline from €13.7 million in 2023. The performance fell short of initial expectations despite a notable recovery in the year's second half. A strategic shift leveraged Kerlink's expertise, leading to a sales surge in Q4 2024, totaling €3.8 million, an improvement over previous quarters.
Regionally, Asia-Pacific sales improved while the NCSA region saw a slower decline. EMEA experienced temporary setbacks due to contract terminations. Kerlink's revenue composition was 75% network infrastructure and 25% services.
Looking to 2025, Kerlink anticipates growth, driven by favorable market trends, a solid order book over €8 million, and its new Smart Tracking & Logistics segment. The "Track Value" offering, in collaboration with Europorte, marks a pivotal move into digitalizing freight operations.
R. H.
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