Business
Econocom Group Se : 2025 half-year results - Continued acceleration of growth, multiple acquisitions of Audiovisual integrators
Econocom Group Se : 2025 half-year results - Continued acceleration of growth, multiple acquisitions of Audiovisual
About this update from Econocom Group Se Class D
[{"type":"text","content":"press releaseREGULATED INFORMATIONBrussels, 23 July 20252025 half-year results-Continued acceleration of growth, multiple acquisitions of Audiovisual integratorsRevenue of €1,421m, increasing by 6.6%1 of which 5.9% on an organic basis, thanks to strong momentum in Technology Management & Financing (TMF) activity across all geographies and growing cross-sell.Operating margin of €41.4m, i.e. profitability stable at 2.9% despite continued investments in the Group's salesforce and competitive pressure in Products & Solutions (P&S) activity.Net financial debt of €208m under control at end of June 2025 and €52m free-cash-flow generated over the last 12 months.#1 Audiovisual Integrator in Europe position reinforced with four tactical transactions2 in Germany, Spain, Ireland and the United Kingdom. Aggregated audiovisual integration operations of the Group now represent more than €300m annual revenues with 750 professionals.\nKey figures€mH1 2024\nrestated 1H1 2025\n\t\tChange reported\n\t\tRevenue1,334.01,421.4+6.6%\n\t\tOperating margin38.141.4+8.7%\n\t\tOperating profit32.535.0+6.5%\n\t\tConsolidated net profit23.00.8n/m\n\t\tNet financial debt179.9207.9+15.6%Angel Benguigui, CEO of Econocom Group, said: “On track to deliver our organic strategic ambition, we accelerated our growth in H1 2025 led by TMF in all geographies and in a competitive market. We continued to prepare the ground for further performance through continued investments in our salesforce and improved organization. In parallel, we confirmed our No.1 AV integrator position in Europe thanks to our focus M&A strategy with four tactical acquisitions. This momentum reflects the commitment of our teams and the relevance of our commercial positioning. We remain focused on transforming our Group, enabling us to scale synergies and accelerate on value creation across all our business lines and geographies.”\nRobust financial and operational performance on core business\nIn the first half of 2025, the Econocom Group posted revenue of €1,421 million, up +6.6%1 of which +5.9% on an organic basis, compared to the 2024 half-year figures.\nOver the period, trends in continuing operations were as follows[1]:Technology Management & Financing (TMF) posted revenue of €599 million, a strong total growth of 18.4%, including bb-net acquisi...