BILENDI announces a notable improvement in its profitability in the second half of 2023

On April 3, 2024, Bilendi, a major European player in technology and data for studies, unveiled its results for the 2023 financial year, showing a significant increase in its profitability during the second half of the year. After a Board of Directors meeting on March 28, 2024, Bilendi published annual accounts attesting to a turnover up 2% to 62.7 million euros for the year 2023, consolidating its growth after two years records.

This performance comes in a context of improving profitability, particularly in the second half with an EBITDA of 7.8 million euros, an increase of 2.9%. The EBITDA margin stabilized at a level comparable to that of 2022, marking a notable increase since the first half of the year. Bilendi's financial structure remains solid, with stable cash flow and slightly increased net debt.

The company, which plans to continue its growth in 2024, will rely on innovation, notably the integration of artificial intelligence into its solutions. Bilendi thus confirms its ambition to achieve a turnover of 100 million euros by 2026, with an EBITDA representing between 20% and 25% of this figure.