Press release
REGULATED INFORMATION
June 4, 2024
Sale of the company Les Abeilles
Econocom maintains its annual forecasts and
puts itself in a position to achieve external growth objectives
of its 2024-2028 One econocom strategic plan
Following up on the press releases published on March 4 and April 3 and following the approval received from the French authorities, Econocom announces the final completion of the sale of its subsidiary Les Abeilles to the Boluda group. By joining forces with the world leader in towing, this merger allows Les Abeilles to benefit from the support of a major player for its future growth.
For Econocom, this sale is fully in line with its non-strategic asset divestment program and gives the group a financing capacity allowing it to achieve approximately half of the external growth planned by its 2024-2028 strategic plan.
One econocom
. In the immediate term, it makes it possible to significantly reduce the group’s financial debt without calling into question the 2024 forecast for turnover growth.
Jean-Louis Bouchard
CEO of the Econocom Group declares:
“I am delighted with the finalization of the sale of Les Abeilles to the Boluda group. This operation will allow Les Abeilles employees to join a European leader in towing. For its part, Econocom is continuing, as announced, its targeted disposals, the proceeds of which will make it possible to self-finance planned future external growth. »
Next publication: H1 2024 results on July 24, 2024 after trading.
ABOUT ECONOCOM
The Econocom group, created 50 years ago, is a pioneer in supporting the digital transformation of businesses. Its solutions, focused on the development and transformation of the workplace, audiovisual & digital signage as well as infrastructures, cover the overall responsibility for the expertise necessary for the realization of a digital project: from the design phase and help in choosing the solution through to the deployment of equipment and their outsourcing. This includes the purchase or rental of equipment, its customization, associated and managed services, as well as the reconditioning of equipment at the end of its life.
Present in 16 countries with more than 8,800 employees, Econocom is listed on Euronext in Brussels, Bel Mid and Family Business indices, and achieved a turnover of 2,681 million euros in 2023.
FOR MORE INFORMATION
www.econocom.com
Investor relations and shareholder relations contact: [email protected]
Financial communications agency contact: [email protected] +33 1 80 81 50 00
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Full and original press release in PDF format:
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