Vaziva SA: Half-Year Results 2024 Show Sharp Growth and Profitability

Paris, September 25, 2024 - Vaziva SA, a pioneer in dematerialized employee benefits, has reported strong financial results for the first half of 2024. Sales surged by 55.5% to €21.3 million compared to the same period in 2023. This growth was driven by increased customer loyalty and the success of their dematerialized solutions for company Work Councils.

EBITDA reached €2.3 million, marking a 130% increase. Operating income also rose by 133% to €2.1 million. Net income climbed to €2 million, up 122%. Despite growing marketing and sales investments, Vaziva maintained solid margins.

Shareholders' equity rose to €18.68 million, up 5.6% from June 2023, while gross debt slightly decreased to €1.29 million. The launch of their Spanish subsidiary is planned for the second half of the year, furthering their European expansion.