Exclusive Networks records strong growth in Q3 2024

Exclusive Networks, a global leader in cybersecurity, reported third-quarter 2024 gross revenue of €1,344 million, up 9% on a reported basis and at constant exchange rates. The M&A strategy, particularly in the APAC region, significantly boosted this performance.

This growth was partly attributable to the integration of NextGen and solid progress in the Americas. In APAC, gross revenue jumped 71%, while the Americas grew 11% at constant exchange rates. EMEA, representing 74% of revenue, saw a slight increase of 2%.

Despite the postponement of some contracts, the company expects to end the year on a positive note, supported by a double-digit increase in quarterly orders.