on ECONOCOM GROUP (EBR:ECONB)
Éconocom Growing in the 3rd Quarter of 2024
Éconocom Group is showing notable growth for the first nine months of 2024, with revenue reaching €1,941 million, an increase of 4.0%. The activity is notably driven by the Technology Management & Financing (TMF) sector, which is recording remarkable growth of 9.7%, totaling €721 million thanks to successful investments.
The Products & Solutions (P&S) segment maintained its revenue stable at €861 million, despite a gloomy market climate and a drop in public orders in France. Services grew by 2.9%, an improvement compared to +1.2% recorded in the first half of 2024.
Despite the challenges in the IT market in France, Éconocom maintains its growth forecasts of between 3 and 5% for the whole of 2024. The annual results will be published on February 13, 2025.
R. E.
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