Slide 1: 2024 Results
2024 Results 20 March 2025 Philippe Rabasse David Fuks Vincent Gauthier CEO Deputy CEO Deputy CEO
Slide 2: Highlights & CSR, Financial results, Outlook
2024 01 Highlights & CSR 2024 02 Financial results 03 Outlook 2
Slide 3: Highlights & CSR
2024 01 Highlights & CSR 3
Slide 4: Great results for our sector
GREAT RESULTS FOR OUR SECTOR Organic growth 1.2% VS 0% TO 3% FORECAST Operating margin 9.2% UPPER RANGE 8.5%–9.5% Workforce 7,483 VS. 7,779 AS AT 31/12/2023 Net profit Record €37.6M VS €35.6M AS AT 31/12/2022 More than€540M in revenue More than €49M in ROA €112M of Net Cash Flow 4
Slide 5: A strong commitment to CSR
A STRONG COMMITMENT TO CSR Environment Social Governance ELECTRICITY CONSUMPTION DIVERSITY MANAGEMENT -27% Vs 2018 34% Percentage of female managers 38% Percentage of females in executive positions PAPER CONSUMPTION INCLUSION ETHICS Percentage of people Employees having -76% Vs 2018 3.3% with a disa
Slide 6: Ratings and referencings
RATINGS AND REFERENCINGS ➢ 2024 score awarded: 74/100: Gold medal ➢ 2024 score awarded: 78/100 progressing by 10 points ➢ 2024 score awarded: 4.5/5 and ranked 8/41 in the sector ranking ➢ 2023 score awarded: rating B- 6
Slide 7: Financial results
2024 02 Financial results 7
Slide 8: Revenue: 2019… 2024
REVENUE: 2019… 2024 Revenue growth (in €M) 540.3 470.6 513.5 534.1 48% OUTSIDE 417.8 426.4 FRANCE 263,4 280.5 283,3 237.1 213.7 217 233.5 250,1 253.6 257 +5% 204.1 209.4 5-YEAR CAGR 2019 2020 2021 2022 2023 2024 93.6% UTILISATION RATIO Autres pays France 8
Slide 9: Development of revenue for each business sector – 2024
DEVELOPMENT OF REVENUE FOR EACH BUSINESS SECTOR – 2024 Comparison between 2024 and 2023 Industry/ Transport Services 7% /Utilities +29% Public sector 13% 6% -1% +12% Breakdown of revenue for each business sector – YoY Telecoms Insurance 14% 19% -6% -5% Banking/Finance Distribution Share of revenue20
Slide 10: Workforce (full-time equivalent)
WORKFORCE (full-time equivalent) Since 31/12/23 - 296 talents Belgium/Luxembourg 209 vs 216 Breakdown for each geographic region o France = 2,927 France/UK o International = 4,556 2,927 vs 2,966 TOTAL: 7,483 Italy 1,984 vs 2,061 91.5% productive 2024 2023 Spain/Portugal 2,363 vs 2,536 10
Slide 11: Income statement highlights
INCOME STATEMENT HIGHLIGHTS IN €K 2024 2023 Variance Revenue 540,297 534,116 +1.2% Business Operating Income 49,587 47,385 +4.6% As a % of revenue 9.2% 8.9% Cost of performance shares (1,027) (1,328) Other operating revenues, income and expenses (2,682) (3,728) Operating income 45,878 42,329 +8.4% F
Slide 12: Income statement by region
INCOME STATEMENT BY REGION REVENUE OPERATING BUSINESS (IN €M) MARGIN 2024 2023 2024 2023 Group 540.3 534.1 +1.2% 9.2% 8.9% France 283.3 280.5 +1.0% 9.1% 9.2% Internationally 257.0 253.6 +1.3% 9.2% 8.5% 12
Slide 13: Balance sheet
BALANCE SHEET ASSETS LIABILITIES In €M 31/12/24 31/12/23 In €M 31/12/24 31/12/23 Goodwill 131.3 131.3 PG equity 271.9 261.4 Other fixed assets 26.0 27.1 Non-current liabilities 22.7 24.7 of which rights of use 18.4 19.8 of which rental debt 14.4 15.4 Other non-current 8.3 5.5 Financial liabilities 1
Slide 14: Cash flow statement
CASH FLOW STATEMENT In €M 2024 2023 Organic Cash flow 58.2 54.8 +6.3% In % of revenue 10.8% 10.2% Taxes paid (11.6) (11.0) Variation in WCR 8.4 (2.3) Net cash provided by operating 55.0 41.5 activities Net cash flow from investing activities (1.9) (1.8) Cash flow from financing activities (34.7) (30
Slide 15: Change in net cash position
CHANGE IN NET CASH POSITION in €M 112,0 93,0 83,4 74,8 44,6 2020 2021 2022 2023 2024 15
Slide 16: Outlook
03 Outlook 16
Slide 17: 2025 Goals
2025 GOALS Growth in revenue 2025 ➢ 0 to 3% Operating margin ➢ 8.5% to 9.5% 17
Slide 18: 2024 Dividends / Shareholding
2024 DIVIDENDS /SHAREHOLDING ANNUAL DIVIDEND PERFORMANCE DIVIDENDS Still on the rise since inception In recognition of the good performances and excellent financial situation, the Board of Directors has decided to in € propose to the 2025 General Meeting a final dividend payment of €1.30 per share f
Slide 19: Questions?
QUESTIONS? 19
Slide 20: Financials
FINANCIALS 20
Slide 21: Income statement at 31/12/2024
INCOME STATEMENT AT 31/12/2024 IN €K 31/12/2024 % 31/12/2023 % Turnover 540,297 100% 534,116 100% Other operating income 176 236 Purchases consumed and external charges (134,018) (131,913) Personnel costs (344,217) (342,543) Taxes and duties (4,200) (4,509) Depreciation and provisions (7,788) (8,038
Slide 22: Statement of financial position as at 31/12/2024 (assets)
STATEMENT OF FINANCIAL POSITION AS AT 31/12/2024 ASSETS (in thousands of euros) 31/12/2024 31/12/2023 Goodwill 131,415 131,305 Intangible assets 1,485 884 Property, plant and equipment 3,744 4,283 Usage rights 18,351 19,829 Investments accounted for using the equity method - - Other financial assets
Slide 23: Statement of financial position as at 31/12/2024 (liabilities)
STATEMENT OF FINANCIAL POSITION AS AT 31/12/2024 Equity and liabilities(in thousands of euros) 31/12/2024 31/12/2023 Capital 6,396 6,532 Share premium and retained earnings 227,818 221,411 Net income, Group share 37,644 33,408 Shareholders' equity - Group share 271,858 261,351 Minority interests 0 0
Slide 24: Cash flow statements
CASH FLOW STATEMENTS 31/12/2024 31/12/2023 (in thousands of euros) Consolidated net result (including minority interests) 35629 33,408 Cash flow before cost of net financial debt and tax (A) 58,193 54,767 Taxes paid (B) (11,639) (10,979) Change in operating working capital (including employee benefi