Embedded electronics group Actia has announced sales growth of 23% to €136.1 million for the third quarter, bringing the total for the first nine months of 2023 to €424.8 million, up 18.3%.

Business activity is in line with the usual seasonality and the Group's expectations: the components market has continued to improve, and significant deliveries from the Telecom division (SatCom) are still scheduled for the end of the year.

For 2023, Actia is maintaining its growth target of over 15%. Bolstered by its order book and its continually strengthened portfolio of multi-year contracts, it is targeting sales of over 800 million by the end of 2025.

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