PRESS RELEASE Quarterly financial information as of June 30, 2024IFRS - Regulated information - Not audited Cegedim revenues up in the first half of 2024 H1 2024 revenues grew 6.0%The digitalization, marketing, and cloud businesses posted solid growth Boulogne-Billancourt, France, July 25, 2024, after the market close Revenue First half Change H1 2024 / 2023 in millions of euros 2024 2023 reclassified(1) Reclassification(1) 2023 reported Reported vs.reclassified(1) Like for like(2)(3) vs.reclassified Software & Services 152.1 150.6 -10.9 161.5 1.0% -1.7% Flow 49.5 46.8 -1.4 48.2 5.8% 5.7% Data & Marketing 59.3 54.9 0.0 54.9 8.0% 8.0% BPO 39.9 32.8 0.0 32.8 21.6% 21.6% Cloud & Support 18.1 15.8 12.3 3.5 14.5% 14.5% Cegedim 319.0 301.0 0.0 301.0 6.0% 4.6% (1) As of January 1, 2024, our Cegedim Outsourcing and Audiprint subsidiaries—which were previously housed in the Software & Services division—as well as BSV—formerly of the Flow division—have been moved to the Cloud & Support division in order to capitalize on operating synergies between cloud activities and IT solutions integration.(2) At constant scope and exchange rates.(3) The positive currency impact of 0.2% was mainly due to the pound sterling.
Analysis of business trends by division Software & Services First half Change H1 2024 / 2023 in millions of euros 2024 2023 reclassified(1) Reported vs.reclassified(1) Like for like(2) vs.reclassified(1) Cegedim Santé 38.9 39.8 -2.4% -11.5% Insurance, HR, Pharmacies, and other services 86.7 84.5 2.7% 2.7% International businesses 26.5 26.3 0.6% -1.1% Software & Services 152.1 150.6 1.0% -1.7% Cegedim Santé saw its revenues decline 2.4% in the first half.
BPO First half Change H1 2024 / 2023 in millions of euros 2024 2023 reclassified(1) Reported vs.reclassified(1) Like for like(2) vs.reclassified(1) Insurance BPO 28.7 22.2 29.5% 29.5% Business Services BPO* 11.2 10.7 5.1% 5.1% BPO 39.9 32.8 21.6% 21.6% *BPO for HR and digitalization activities Managed services for health and personal protection insurance companies continues to enjoy a positive comparison effect related to the Allianz contract, which started in the second quarter of 2023, and a flourishing overflow business.
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