M2i: 2021 annual revenue increased by 29.3%











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(Boursier.com) — In fiscal year 2021, the 2021 annual revenue of M2i was up 29.3% vs 2020 and +3.1% vs 2019 to 47.4 ME. The group’s training activity recorded a turnover of 47.4 ME, organic growth of +29.3% compared to 2020 and +3.1% in 2019.
This good performance is all the more significant as this activity was slowed down in the last quarter of the year by the 5th wave of Covid, which caused a record number of positive cases and contact cases among learners and expert trainers. In this troubled context, the group’s educational model, accessible face-to-face or 100% remotely, nevertheless enabled it to exceed its historic high in Q4 2021 with a turnover which reached 15 ME, in organic growth. +2.7% compared to Q4 2020 and +3.3% compared to Q4 2019.

OUTLOOK

Taking into account the period of January and February 2022 which, like the 4th quarter of 2021, remains slowed down by the effects of the 5th wave of Covid, the group anticipates over the whole of the current financial year a another year of solid and sustainable growth in its invoicing.

The 2021 annual result is expected no later than April 30, 2022.


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