on ECONOCOM GROUP (EBR:ECONB)
Econocom 2024 Results: Growth and Strategic Initiatives
In 2024, Econocom recorded revenues of €2,744 million, representing organic growth of 3.6%. This growth, in line with expectations, reflects a positive performance despite contrasting operating results.
The operating margin stood at €110.4 million, representing a profitability of 4.0%, while the consolidated net profit reached €37.7 million. A net profit per share of €0.22 underlines the impact of non-recurring costs related to the group's transformation.
At the same time, net financial debt has been significantly reduced to €96 million. Strategic initiatives, such as the One Econocom plan and the acquisition of 80% of bb-net, are strengthening Econocom's position in the IT reconditioning market. Synergies between the different sectors and geographies illustrate a sustainable growth strategy.
R. P.
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