on Prologue (EPA:ALPRG)
Sustained progress for Prologue in Q1 2024
Prologue recorded organic growth of 6.9% in the first quarter of 2024, reaching a turnover of 27.7 million euros, compared to 25.91 million the previous year. This progression affects all of the group's business sectors.
In detail, the software sector experienced the strongest increase with growth of 35.74%, generating 4 million euros. Cloud and managed services as well as IT, digital and management training increased by 5.39% and 3.7% respectively. However, the performance in France declined slightly, from 17.4 million to 17 million euros. On the other hand, Spain and the United States with Latin America showed significant growth of 25.21% and 34.67% respectively.
Despite a cautious economic environment, Prologue seems confident for the rest of the 2024 financial year, anticipating mixed results in the second quarter but sustained activity for the second half.
R. P.
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