2024 Full-Year Results: The ICAPE Group Improves Its Profitability Thanks to Its Operational Performance

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[{"type":"text","content":"\nRegulatory News:\n\nThe ICAPE Group (ISIN code: FR001400A3Q3 - Ticker: ALICA), a global technology distributor of printed circuit boards (\"PCB\") and custom-made electromechanical parts, today announced its results for the year ended December 31, 2024, as approved by the Board of Directors on March 26, 2025. A selection of the financial statement appendix is available on page 7 of this press release.\n\nYann DUIGOU, the ICAPE Group’s CEO, stated: \"The ICAPE Group continues to maximize post-acquisition synergies while rigorously controlling costs. Our profitability indicators for the 2024 financial year improved compared to 2023, demonstrating the adaptability of our model in a difficult market. In 2025, we intend to intensify this dynamic to take full advantage of the current upturn in activity, particularly in the United States and Asia. Our solid fundamentals, combined with the optimization of our structural costs, will enable us to respond effectively to growing demand and achieve our growth and profitability targets.“\nSimplified income statement\nIn €m (IFRS standards)\n2023\n2024\nVar.\n \n\n \n\n \n\nRevenue\n185.7\n181.7\n-2.1%\n% growth\n \n\n-2.1%\n \n \n \n\nCost of goods sold\n(123.9)\n\n(118.0)\n\n+4.7%\n\n \n\nTransport\n(7.6)\n\n(7.9)\n\n(4.8%)\n\n \n\nAgent fees\n(1.3)\n\n(1.0)\n\n+27.5%\n\n \n\nPayroll costs\n(28,6)\n\n(30.2)\n\n(5.6%)\n\n \n\nG&A\n(10.6)\n\n(10.7)\n\n+1.0%\n\n \n\n \n\n \n\n \n\nEBITDA\n13.4\n14.0\n+4.4%\n% revenue\n7.2%\n7.7%\n+0.5 pt\n\n \n\nD&A of operating assets\n(4.4)\n\n(4.3)\n\n(3.0%)\n\n \n\n \n\n \n\n \n\nEBITA\n9.0\n9.7\n+8.1%\n% revenue\n4.8%\n\n5.3%\n+0.5 pt\n\n \n\nD&A of intangible assets related to acquisitions\n(1.1)\n\n(1.5)\n\n+41.7%\n\n \n\n \n\n \n\n \n\nEBIT\n7.9\n8.2\n+3.5%\n% revenue\n4.2%\n4.5%\n+0.3 pt\n\nOther income and expenses\n(1.5)\n\n(1.6)\n\n+8.6%\n\nFinancial Result\n\n(2.5)\n\n(3.5)\n\n+37.2%\n\nIncome Tax\n\n(1.1)\n\n0.5\n\nn.a\n\nIncome from discontinued activities\n\n0.3\n\n-\n\n(100.0%)\n\n \n\n \n\n \n\n \n\nNet Income\n3.1\n3.6\n+15.5%\n% revenue\n1.7%\n2.0%\n+0.3 pt\n\nImproving profitability in an adverse environment\nAs of December 31, 2024, the Group's revenue amounted to €181.7 million, dow...

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