on Nagarro SE (isin : DE000A3H2200)
Nagarro SE Reports FY 2024 and Q1 2025 Financial Results
Nagarro SE, a leader in digital engineering, announced its audited financial results for FY 2024 and unaudited results for Q1 2025. The company confirms its guidance for 2025. A dividend of €1 per share is proposed.
For 2024, revenue increased by 6.6% to €972 million. Gross profit rose to €295.8 million, with an adjusted EBITDA of €147.5 million and a margin of 15.2%. Net profit remained stable at €49.2 million. Client growth was noted, with those exceeding €1 million in annual revenue rising from 181 to 186.
In Q1 2025, revenue grew 3.6% to €246.9 million. However, adjusted EBITDA and net profit decreased, reflecting a drop in margin. Operating cash flow improved to €29.8 million. The cash balance decreased to €162.2 million while borrowings reduced to €302.5 million.
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