Econocom Group SE

ECONB

BE0974313455

IT Services & Consulting

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1.820 ^EUR	+1.11%		-2.57%	-2.36%

Oct. 22	Econocom: presents its new Executive Committee	CF
Sep. 12	Vogo Appoints CFO	MT

Econocom: confirms sales growth of between 3% and 5%.

April 19, 2024 at 04:59 am EDT

The Group posted sales of €634 million, up 2.6% in Q1 2024. It benefited from continued strong growth in the Technology Management & Financing (TMF) business, a gradual recovery in Products & Solutions and a good performance in Services.

The Technology Management & Financing (TMF) business posted sales of 207 million euros, up 10.6%, of which 10.2% was organic. Products & Solutions (P&S) sales came to 305 million euros, down 2.5% (-2.6% organic).

Services sales rose by 3.2% (total and organic) to 122 million euros, driven in particular by Spain and France.

The Group confirms its annual sales growth target of between 3% and 5%, benefiting in particular from a digital asset distribution market expected to grow from the second half of the year.

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Latest news about Econocom Group SE

Econocom: presents its new Executive Committee	24-10-22	CF
Vogo Appoints CFO	24-09-12	MT
Econocom Group SE Reports Earnings Results for the Half Year Ended June 30, 2024	24-07-24	CI
Econocom to Seek Acquisitions	24-07-24	CI
Econocom Group SE, H1 2024 Earnings Call, Jul 25, 2024	24-07-24
Econocom Announces CEO Changes	24-07-24	CI
Econocom Announces Executive Changes	24-07-24	CI
Atos: resignation of two directors	24-06-28	CF
Atos Bondholders Submit Revised Restructuring Plan After Onepoint Consortium Backs Out	24-06-26	MT
Atos-Layani negotiations come to an end, Kretinsky wants to resume talks	24-06-26	RE
Atos: Onepoint welcomes board support	24-06-11	CF
French IT Firm Atos Accepts Rescue Bid From Onepoint Consortium -- 2nd Update	24-06-11	DJ
Correction to Atos Rescue Bid Update Article	24-06-11	DJ
France's Atos Accepts Rescue Bid From Onepoint Consortium -- Update	24-06-11	DJ
Atos Confirms Selection of Onepoint Consortium's Proposal for Debt Restructuring	24-06-11	MT
Atos Opts to Restructure via Debt Proposal of Onepoint Consortium	24-06-11	MT
Atos Extends Deadline for Final Pick of Financial Restructuring Proposal	24-06-06	MT
Boluda France SAS acquired Les Abeilles SAS from Econocom Group SE.	24-06-03	CI
Atos Seeks Creditors' Support for Remaining Financial Restructuring Bids	24-06-03	MT
Atos: receipt of two revised proposals	24-06-03	CF
Atos: Econocom CEO confirms his intentions	24-05-24	CF
Atos: Econocom joins consortium led by Onepoint	24-05-15	CF
Econocom: joins a consortium to support Atos	24-05-15	CF
Econocom: confirms sales growth of between 3% and 5%.	24-04-19	CF
Atos: Walter Butler lends his support to the Onepoint project	24-04-08	CF

Chart Econocom Group SE

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Company Profile

Econocom Group SE specializes in providing digital services to companies. Net sales break down by activity as follows: - Products and Solutions (45%): supply and integration of IT, mobile, telecom and multimedia products; - Technology Management and Financing (37.2%): leasing and piloting of computer systems and telecoms; - Services (17.8%): consulting, engineering, outsourcing, maintenance services, etc. Net sales are distributed geographically as follows: Benelux (14.4%), France (46.5%), Southern Europe (25.3%), Northern and Eastern Europe and Americas (13.8%).

Employees

8,784

Sector

IT Services & Consulting

Calendar

2025-02-12 - Q4 2024 Earnings Release

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