Allego NV Reports 31% Sales Increase in 2024; Net Loss Reduced by 64% Compared to 2023
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Allego NV reported a 31% increase in sales for 2024, totaling €145.5 million, up from €133.9 million in 2023. The company reduced its net loss by 64% to €110.3 million, compared to €305.3 million the previous year. Gross profit surged by 403% to €36.2 million, aided by a 14% decrease in the cost of sales. Operating loss improved by 77% to €72.0 million. Allego NV also raised €142.8 million through equity instruments and increased borrowings by €114.9 million, while monitoring its financial health using non-IFRS measures.
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