(AOF) – With a second quarter at 16.3 million euros (+7.4%), the IT Link group recorded half-yearly turnover of 32.46 million euros, an organic increase of 9 .7%. The digital services company specializing in connected systems benefited from a favorable calendar effect, estimated at 0.8 points.
As of June 30, the group’s workforce was 731 employees, i.e. 27 employees more than at the end of December 2021. “The slowdown in workforce growth is linked to a number of departures higher than expected”, specified IT Link. On the other hand, the group reinforced its strategy of freelance partnerships, rising from 10.3% to 13% of the productive workforce over the half-year.
For 2022, management is maintaining its revenue growth target of between 8 and 10%, while remaining attentive to the evolution of macroeconomic, geopolitical and health situations.
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Growth of the French market in value
According to the Gfk institute, the sector generated sales of 4.8 billion euros in 2021, an increase of 2% compared to 2020. The product families which benefited from the best performances are in particular helmets and accessories as well as televisions. However, while the French consumer electronics market grew in value last year, it fell in terms of volumes (-2% with 51 million units sold). This trend can be explained by a move upmarket in products: Bluetooth speakers are more powerful or even televisions use more innovative technologies. Thus the development of technologies that improve image resolution (Oled, Qled, miniled) and the size of screens have caused an increase of more than 20% in the average price. Consumers are also looking for more sustainable products.