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Equasens: 2024 half-year results

GlobeNewswire LogoGlobeNewswire11h ago

Equasens: 2024 half-year results - GlobeNewswire

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These interim consolidated financial statements were subject to a limited review by the Statutory Auditors._____ Results at 30 June 2024 H1 Current Operating Income / Division2023reported basis2024reported basisChange / Reported basisExternal growthChange / Like-for-like basisPharmagest18.414.1-4.3-23.5%-0.1-4.4-24.0%Axigate Link4.64.4-0.2-4.9% -0.2-4.9%e-Connect3.62.5-1.1-29.9% -1.1-29.9%Medical Solutions1.30.0-1.3-100.0%0.1-1.2-92.5%Fintech-0.4-0.10.369.3% 0.3-69.3%Current Operating Income27.520.9-6.6-24.1%0.0-6.7-24.3% PHARMAGEST division: a contraction in earnings reflecting lower sales and reinforced teams in Europe (COI/Sales: 17.2%) The decline in the Division's operating income is mainly attributable to a reduction in sales in France in the configuration and hardware segment. In a persistently challenging economic environment, the Division continued to focus its commercial strategy on acquiring new customers and regularly rolling out new software and hardware solutions.

Villers-lès-Nancy, 27 September 2024 - 6:00 p.m.(CET) PRESS RELEASE 2024 half-year results Group results impacted by weaker economic conditions and continuing investment efforts in H1: Revenue: €108.0m, -4.1%Current Operating Income: €20.9m, -24.1% Net Profit attributable to the Group: €17.2m, -21.8% Though with a profit margin that continues to be very positive: Ratio of Current Operating Income (COI) to Sales: 19.3% on a reported basis and 20.0% like-for-like H1 RESULTS (€M)2023reported basis2024reported basisChange / Reported basisExternal growthChange / Like-for-like basisRevenue 112.6108.0-4.6-4.1%-3.7-8.3-7.4%Current operating income (COI)27.520.9-6.6-24.1%0.0-6.7-24.3%Net Profit22.918.1-4.8-21.0%0.0-4.8-21.1%Net Profit attributable to the Group22.017.2-4.8-21.8%    The financial statements for the six-month period ended 30 June 2024 were reviewed and adopted by EQUASENS' Board of Directors, chaired by Thierry Chapusot, on 27 September 2024.

Financial calendar: 1 October 2024: Presentation of H1 2024 results7 November 2024: Publication of Q3 2024 revenue6 February 2025: Publication of f Q4/FY 2024 revenue About Group Equasens With more than 1,300 employees, Equasens Group is today a key player in the European healthcare sector, providing software and hardware solutions to all healthcare professionals (pharmacists, primary care practitioners, hospitals, hospital-at-home programmes, retirement homes, health centres) in both primary and secondary care sectors.

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Author / Journalist: EQUASENS

Category: Technology

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Published On: 2024-09-27 @ 16:00:00 (11 hours ago)

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