Cegedim Full year 2023 results: Revenue and recurring operating income both up
The division’s recurring operating income climbed 33%, bolstered mainly by outsourcing for HR departments, which is riding a wave of management process automation.
- The division’s recurring operating income climbed 33%, bolstered mainly by outsourcing for HR departments, which is riding a wave of management process automation.
- Sales to insurers posted positive recurring operating income, up slightly, despite the costs of launching the Allianz contract.
- 2023 recurring operating income was a €4.5 million loss, €1.1 million higher than the loss in 2022.
- Visiodent generated revenue of c.€10 million in 2023 and will begin contributing to Cegedim Group’s consolidation scope on March 1, 2024.