on PRODWARE (EPA:ALPRO)
Prodware Reports Strong Revenue Growth in 2024
Prodware announced robust revenue growth of €668.6 million in 2024, marking an 87.6% increase from 2023 figures, after adjusting for divested activities. The reported growth is driven by the successful integration of strategic acquisitions and a notable surge in organic growth during the second half of the year.
The company’s Business Applications division saw revenue of €193.7 million, reflecting a 10.8% increase, while the Managed and Staffing Sourcing segment achieved a remarkable 161.0% growth, generating €473.7 million and constituting 70.8% of total revenue. International operations contributed significantly, accounting for 90% of the total revenue with €601.7 million.
Prodware's strategic plan for 2024-2026 focuses on supporting clients through digital transformation using AI-powered cloud solutions and partnerships with tech leaders like Microsoft and Sage, enhancing its European market position.
R. P.
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