on SOLOCAL (EPA:LOCAL)
Solocal Reports Challenging Q1 2026 amid Economic Difficulties
Solocal recorded a revenue of €74.0 million in Q1 2026, marking a decline of 10.7% compared to Q1 2025, reflective of a difficult economic environment. While revenue dipped, the order backlog increased by 5.2% to €259.2 million from the end of 2025, suggesting potential growth in future quarters.
A significant step in Solocal's transformation is the acquisition of Artur'In, enhancing its digital offerings with AI-powered solutions. Additionally, the company strengthened its leadership with the appointment of Alain Lévy as Deputy CEO and introduced new governance bodies to aid its strategic initiatives.
Despite current challenges, Solocal remains optimistic about its objectives for 2026, targeting revenue growth by Q4 and improving profitability with an expected EBITDA margin of 20%.
R. H.
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