on SQLI (EPA:SQI)
SQLI announces its 2024 half-year results in line with expectations
SQLI, a European group specializing in digital services, has presented its half-year results for 2024. Half-year revenue is €126.4 million, an increase of 1% at constant scope and exchange rates compared to 2023. The current operating margin improves by one point to reach 7.8%. Net profit amounts to €20.3 million, including €17.2 million related to the sale of the training business.
France posted a 7% growth in turnover, particularly after the integration of the Levana agency. International revenues were stable. SQLI maintained a net debt/equity ratio of 9%. In anticipation of sector challenges, Erwan Le Duff was appointed Deputy Managing Director in charge of Operations.
For 2024, SQLI forecasts annual growth comparable to 2023 and an improvement in the current operating margin of 1 to 2 points.
R. P.
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