Fagron reports strong revenue growth in Q3 2024, reaffirms full-year outlook with strategic acquisitions

From GlobeNewswire: 2024-10-10 01:00:00

Fagron has reported an exceptional performance in the third quarter of 2024, with a 12.1% revenue growth and reaffirms its full-year outlook. The company’s revenue reached €214.5 million, with strong organic growth across all regions and segments. Three strategic acquisitions were signed, contributing to their overall growth strategy.

CEO Rafael Padilla highlighted Fagron’s strong business model and strategic execution in Q3. The company experienced growth in EMEA, Latin America, and North America, with key acquisitions in Brazil, Germany, and North America. Fagron remains focused on global market leadership and maintaining a disciplined M&A approach.

Fagron remains confident in its outlook for the end of the year and reiterates its full-year 2024 revenue guidance of €850 – €870 million. The company’s strategic focus on operational excellence, targeted growth investments, and acquisitions position them for continued success and market leadership.



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