Econocom reported growth, with revenue of €1,941 million, up 4.0% for the first nine months of the year (compared with a 3.0% increase in H1 2024), driven by the TMF business.
Over the first 9 months of 2024, the development of the Group's various activities is as follows:
Technology Management & Financing (TMF): turnover reached 721 million euros, representing total growth of 9.7% , thus reaping the benefits of commercial investments made over several semesters.
Products & Solutions (P&S): turnover reaches 861 million euros, stable compared to the same period of the previous financial year, in a context of a gloomy market and contraction of public orders in France
Services: turnover reached 359 million euros, representing growth of 2.9%, compared to + 1.2 % in the first half of 2024.
Year-end outlook
Econocom is maintaining its 2024 guidance (2024 turnover increase of between 3 and 5%), in a difficult IT distribution market context, particularly in France.
Next publication: 2024 annual results on Thursday, February 13, 2025 after market close
Econocom will make its 2025 financial information publication schedule available on its website by the end of the year.