DNXcorp 2024 Half-Year Results: Margin Erosion and Revenue Rise

The DNXcorp group has published its results for the first half of 2024, showing a turnover of €11.4 million, up 3.5% compared to 2023. This increase is explained by the price increase applied from January.

Operating income reached €3.2 million, down 18.2% from last year. Operating margin decreased from 35.4% to 28%. This contraction is due to an increase in marketing costs due to increased competition.

Net income of €2.3 million is down 22.9% over one year, with net profitability falling from 27.5% to 20.5% of turnover. The group's cash position, net of current financial liabilities, stands at €7.9 million.

A first interim dividend of €1.00 per share was distributed in September, with a second scheduled for October. The next publication of annual results is expected on April 30, 2025.