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Streamwide announces 10% growth for the first half of 2024

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STREAMWIDE, specialist in communications and critical activities software solutions, revealed a turnover of 9.3 million euros for the first half of 2024, marking an increase of 10% compared to the same period in 2023.

This growth is mainly driven by the "platforms" activity, whose revenues reached 7 million euros, an increase of 24%. This activity now represents 75% of the group's total half-yearly revenues, compared to 66% a year earlier.

The dynamism of the team on mission and team on the run platforms, particularly through new projects in France, Europe and the Middle East, explains this performance. Revenues from the partnership with Airbus Public Safety and Security are also up slightly following a contractual renegotiation.

Note, however, a 19% drop in the company's historic "legacy" activity, which now represents 25% of half-yearly revenues. Finally, STREAMWIDE plans to continue diversifying its revenue sources and geographic areas to ensure future growth.

R. H.

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