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Prodware: Strong Growth in the First Half of 2024

Stock price chart of PRODWARE (EPA:ALPRO) showing fluctuations.

Prodware recorded a substantial increase in its performance indicators in the first half of 2024. Consolidated revenues amounted to €315.7 million, almost tripled compared to €108.3 million in the same period in 2023. This increase was supported by organic growth of 23.4%. EBITDA, marking an increase of 78.8%, reached €47.3 million, representing 15% of revenues.

Current operating income jumped 118.9% to €36.5 million. Net income attributable to the group reached €25.2 million, almost triple that of last year. This performance is partly due to the successful integration of recent acquisitions.

Geographically, international sales account for 90% of turnover, with 284.3 million euros. Prodware is calmly pursuing its 2024-2026 strategic plan, aiming for a turnover of 700 million euros by the end of the year.

R. H.

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