Grodno estimates PLN 97.4 mln revenues for May ‘24
18:36
Polish electrical equipment distributor Grodno maintained revenue in May 2024 despite a decline in solar module prices. The company is gaining market share in photovoltaics to capitalize on an expected industry upswing. Grodno's sales in May were close to the previous year's level. They are diversifying their business across installation, industrial and infrastructure markets, and building a base in the renewable energy sector.
Final financial results for the first quarter will be published in August.
