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Cegedim’s revenue grew 6.3% in 2024

GlobeNewswire LogoGlobeNewswire15h ago

Cegedim’s revenue grew 6.3% in 2024 - GlobeNewswire

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   PRESS RELEASE Quarterly financial information as of December 31, 2024IFRS - Regulated information - Not audited Cegedim’s revenue grew 6.3% in 2024 Full year revenue rose 4.7% like for like to €654.5 millionFourth quarter revenue grew 5.9% like for like to €178.7 millionAll operating divisions contributed to growth in the fourth quarter Boulogne-Billancourt, France, January 30, 2025, after the market close Revenue  Fourth quarterChange Q4 2024 / 2023in millions of euros20242023reclassified(1)Reclassification(1)2023ReportedReportedvs.reclassified(1)Like for like(2)(3)vs.reclassified(1) Software & Services80.175.7(8.7)84.4+5.8%+2.8%Flow27.024.2(0.6)24.8+12.0%+11.7%Data & Marketing38.435.80.035.8+7.1%+7.1%BPO21.219.60.019.6+7.8%+7.8%Cloud & Support12.011.3+9.32.0+6.2%+6.2%Cegedim178.7166.60.0166.6+7.2%+5.9% Full yearChange FY 2024 / 2023in millions of euros20242023reclassified(1)Reclassification(1)2023ReportedReportedvs.reclassified(1)Like for like(2)(4)vs.reclassified(1)Software & Services307.8302.3(24.3)326.6+1.8%(1.2)%Flow100.393.4(2.5)95.9+7.3%+7.2%Data & Marketing125.9114.90.0114.9+9.6%+9.6%BPO82.771.50.071.5+15.8%+15.8%Cloud & Support37.833.9+26.87.1+11.3%+11.3%Cegedim654.5616.00.0616.0+6.3%+4.7% Cegedim’s consolidated fourth quarter 2024 revenues rose to €178.7 million, up 7.2% as reported and 5.9% like for like(2) compared with the same period in 2023.

Analysis of business trends by division  Software & Services Software & ServicesFourth quarterChange Q4 2024 / 2023 Full yearChange FY 2024 / 2023in millions of euros20242023Reclassified(3)Reportedvs.reclassified(1)Like for like(2)vs.reclassified(1)20242023reclassified(1)Reportedvs.reclassified(1)Like for like(2)vs.reclassified(1)Cegedim Santé21.318.1+17.2%+1.8%80.276.5+4.8%(7.1)%Insurance, HR, Pharmacies, and other services47.244.9+5.1%+5.1%176.7173.3+2.0%+1.9%International businesses11.612.7(8.2)%(3.5)%50.952.5(3.0)%(3.0)%Software & Services80.175.7+5.8%+2.8%307.8302.3+1.8%(1.2)% Revenues at Cegedim Santé grew 17.2% as reported in the fourth quarter and 1.8% like for like.

BPO BPOFourth quarterChange Q4 2024 / 2023 Full yearChange FY 2024 / 2023                in millions of euros20242023Reclassified(4)Reportedvs.reclassified(1)Like for like(2)vs.reclassified(1)20242023reclassified(1)Reportedvs.reclassified(1)Like for like(2)vs.reclassifiedInsurance BPO15.414.0+9.9%+9.9%60.049.9+20.2%+20.2%Business Services BPO5.85.6+2.8%+2.8%22.721.6+5.5%+5.5%BPO21.219.6+7.8%+7.8%82.771.5+15.8%+15.8% The Insurance BPO business grew by 9.9% over the fourth quarter, chiefly owing to its overflow business, which has been flourishing since the start of the year.

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Article Details

Author / Journalist: Cegedim SA

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-30 @ 16:45:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1649 words

Reading Time: 10 minutes read

Sentences: 53 lines

Sentence Length: 32 words per sentence (average)

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Copyright Owner: © GlobeNewswire

News ID: 25639890

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