on SODITECH (EPA:SEC)
Publication of SODITECH’s 2023 Financial Report
The company SODITECH has announced the release of its annual financial report for the year 2023. The document, accessible on the company's website, includes the management report, the corporate financial statements as well as the reports of the Statutory Auditor.
SODITECH, an SME specializing in subassemblies for the Space, Research and Defense sectors, indicates that cost increases and interest rates have significantly impacted expenses for the year. In addition, delays in the production of orders by customers negatively affected revenue.
The company continues to diversify its activities to reduce dependence on the space sector, including initiatives such as improving the automation of production processes and developing on-board electronics.
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