Business
XBP Europe Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Results
Full Year 2024 Highlights Revenue of $142.8 million, decrease of 8.0% year-over-yearGross margin of 26.8%, a 110 bps increase year-over-yearOperating profit of $3.5 million, an increase of $2.4 million year-over-yearApproximately $25M of ACV in active ramp, resulting in an incremental step-up in margin contribution in the second half of 2024Signed an exclusive, non-binding LOI to acquire Exela Technologies BPA, LLC, a potentially transformational deal that could expand XBP Europe’s revenue to ~$
About this update from Xbp Global Holdings, Inc.
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