Growth in higher-margin recurring revenue
EBITDA margin of around 10% confirmed for FY 2023-2024
Net debt at 30 June 2024 of €102m
Eric Gareau, CEO of Claranova commented:
“Claranova registered a marginal increase in revenue on a like-for-like basis for FY 2023-2024.
These results are testimony to our resilience and the strength of our strategy focused on profitability which is being implemented with rigor and determination by all our teams. On that basis, we maintain our target for a significant improvement in the EBITDA margin of approximately 10% for FY 2023-2024.
These performances confirm that Claranova has entered a new era, reinforced by a more focused governance structure, experienced management and committed teams working together to improve our overall results and continue to reduce our debt.
The entire management team is now fully focused on finalizing its new strategic plan to be presented when the annual results are published. This plan will strengthen our market position and capacity for innovation.”
