Half-yearly report 2024: M2i increases its operational profitability

M2i Group has announced a significant increase in its operating profitability in the first half of 2024, with EBITDA up 12% to €2.02 million and operating income up 33.8% to €1.27 million. This development occurred despite a 6% decrease in revenue compared to the same period in 2023, amounting to €27.79 million.

The company's financial results showed overall stability, with pre-tax profit of €1 million and net profit of €0.91 million. M2i posted available cash of €8.3 million at the end of this period.

For the rest of the year, the group anticipates maintaining its activity at a level comparable to or slightly down on the previous year, in a market that continues to be buoyant for training in various sectors.