ISIN:FR0010313486

Prodware: Strong increase in Current Operating Income: €49.1 million (+68%) - Net Profit impacted by exceptional items

Retrieved on: 
Mercredi, avril 10, 2024
NUT, One stop shop, Growth, Depreciation, Beauty salon

With the product mix of recent acquisitions leaning towards more trading, EBITDA margin reached 18.7% in 2023.

Key Points: 
  • With the product mix of recent acquisitions leaning towards more trading, EBITDA margin reached 18.7% in 2023.
  • With reduced depreciation and provision expenses (€20.3 million in 2023 compared to €21.5 million in 2022), Current Operating Income saw a stronger increase to €49.1 million, resulting in a robust operating margin of 12.9%.
  • Financial Result stands at - €19.9 million in 2023, down by - €8.8 million from 2022.
  • This decrease is due to higher interest rates and an increase in debt resulting from acquisitions made during the year.

Prodware: Double Revenue Growth in 2023: 380.6 M€

Retrieved on: 
Mercredi, mars 13, 2024
SMB, NUT, International, Absorption, Growth, One stop shop, Software as a service, SMC, Traction, Music

Excluding the impact of the acquisitions of WESTPOLE, PROTINUS & NUT CONSULTING, the growth at constant scope was 5.1%, showing PRODWARE's strong performance despite economic challenges in Europe.

Key Points: 
  • Excluding the impact of the acquisitions of WESTPOLE, PROTINUS & NUT CONSULTING, the growth at constant scope was 5.1%, showing PRODWARE's strong performance despite economic challenges in Europe.
  • The Integration/Services business amounted to €72.0 million, representing a growth of 2.1% and accounting for 18.9% of the total revenue.
  • PRODWARE continues its efforts to promote revenue recurrence, aiming to enhance its margins and better anticipate its investment needs.
  • International revenue in 2023 reached €299.8 million, representing 78.8% of the total revenue, marking a substantial increase from 53.1% in 2022.

Prodware: Prodware steps up its expansion in Europe with the acquisition of Nut Consulting in Spain

Retrieved on: 
Jeudi, décembre 21, 2023
Growth, Nut, Regulatory News Service, Microsoft, Food industry, MES, Acquisition

Prodware Group, a major player in the digital transformation in Europe, announces the acquisition of Nut Consulting in Spain.

Key Points: 
  • Prodware Group, a major player in the digital transformation in Europe, announces the acquisition of Nut Consulting in Spain.
  • As a Microsoft partner in Spain, Nut Consulting is recognised as a specialist in the agri-food industry, a sector with many technological challenges.
  • "At Nut Consulting, we are delighted to be joining the Prodware family, whose complementary solutions and geographical coverage should foster major development opportunities in Europe and Spain.
  • Nut Consulting is also proud to contribute to this adventure by enriching the group's portfolio with our 15 years of expertise in the food industry," added Luis Garcia - General Manager of Nut Consulting.

Prodware: Growing Profitability in the first half of 2023: Current Operating Income: €16.7M (+61%) Net Income Group Share: €8.9M (+124%)

Retrieved on: 
Jeudi, octobre 26, 2023
Education, Tax, International, EBITDA, Absorption, Organization, Acquisition, Growth, Health, Depreciation, Public, Public sector, Software as a service, Renewable energy, Cryptocurrency

When excluding the impact of the acquisition of WESTPOLE, which took place in March 2023, growth remains consistent at 4.9%.

Key Points: 
  • When excluding the impact of the acquisition of WESTPOLE, which took place in March 2023, growth remains consistent at 4.9%.
  • Prodware continues to further develop its economic model which focuses on developing consistent recurring revenue streams.
  • In the first half of 2023, EBITDA reached €26.5 million, marking a significant increase of 36.1% compared to the same period in 2022.
  • The current operating income, which accounts for depreciation and provisions totaling €8.9 million (an increase of 11.8%), has reached €16.7 million, marking a significant growth of 61.1%.