Brief: Netgem Expects Approx. 10% Growth In Recurring Revenues In 2024
31/01/2024 07:04
Jan 31 (Reuters) - Netgem SA ALNTG.PA :
* ANNOUNCES REVENUES OF 35,6 MEUR AND A GROSS PROFIT OF 22,0
MEUR
FOR FY 2023.
* ANTICIPATES A GROWTH OF APPROXIMATELY 10% IN ITS RECURRING
REVENUES FOR YEAR 2024.
* GROUP EXPECTS TO IMPROVE ITS PROFITABILITY AND CASH FLOW
GENERATION INDICATORS IN 2024.
* GROUP ALSO INTENDS TO CONTINUE SIMPLIFYING ITS
ORGANIZATION,
ESPECIALLY FOLLOWING CHANGES IN SCOPE IN 2023, LEADING TO A
SIGNIFICANT REDUCTION IN ITS OVERHEAD COSTS IN 2024
Source text for Eikon: ID:nACT83947
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