Key points
Sales for the first nine months of 2024 totaled 797 million euros, up 2.4% as reported, including the contribution of the two recent acquisitions, and up organically (1) of 0.6%. Underwriting revenues (72% of total sales) recorded organic growth of 1.4%, with Digital business in particular posting organic growth of 10.1%. Third-quarter 2024 reported sales of 263 million euros, with organic growth (2) of 0.3%. Subscription-related revenues recorded organic growth of 2.6% in the third quarter, of which 12.9% for the Digital business and 15.7% for the Lockers business. The proportion of Group sales accounted for by subscription-related revenues rose by 2 points to 72%. Continued strong momentum in the United States, which accounts for 58% of total sales, with organic growth of 3.0% in Q3 2024
Third-quarter organic sales growth brings solutions performance in line with Capital Markets Day expectations, with around 9% for the Digital business and over 14% for Lockers.
Outlook confirmed for 2024
Sources Communique 27/11/2024
