CONFIRMATION OF GROWTH IN A WAITING PERIOD WITH A TURNOVER OF €58.7 M IN 2023 (+5%)
GOOD OUTLOOK FOR 2024
|
Consolidated data in €M | 2022 | 2023* | 2023* VS 2022 |
|
Turnover 12 months |
55.91 |
58.71 |
+5.0% |
|
Turnover 4 |
18.99 |
18.03 |
-5.1% |
*2023 data is unaudited
NEW ACTIVITY RECORD IN 2023 IN A WAIT-BACK PERIOD
Over the whole of 2023, the M2i group recorded record activity at €58.71 million, organic growth of +5.0% compared to 2022.
This level of activity confirms the good dynamism of the group in the buoyant professional training market, where M2i further accentuates its leading position in the fields of IT, Digital and Soft Skills, with more than 2,500 courses, accessible in person or 100% remotely, its 35 agencies and 7 campuses in France.
Due to an unfavorable basis of comparison, the turnover, which reached €18.03 million, appears to be down slightly by -5.1% as of 4
th
quarter 2023. The group had in fact recorded on the 4th
th
quarter 2022 exceptional internal growth of +30.0%.
OUTLOOK
Building on its positioning in the growing training market, M2i intends to continue its growth strategy and improve its margins over the coming years. After a second half of 2023 marked by a certain wait-and-see attitude, the outlook for activity at the start of the 2024 financial year appears sustained.
NEXT PUBLICATION
The 2023 annual result, April 30, 2024 at the latest.
About M2i
A key player in training in the fields of IT, Digital and Soft Skills with more than 2,500 training programs offered in person, e-Learning, blended-learning, virtual classroom and COOC, M2i provides its 4,200 clients its own certification and diploma courses as well as the largest network of agencies with 35 centers spread throughout France.
M2i is listed on the Euronext Growth market (FR0013270626 ALMII).
Number of shares: 5,276,985
Publication date: February 12, 2024
M2i Group Contact: Cristina Mauriz – Email: [email protected]
This publication has the “🔒 Actusnews SECURITY MASTER” service.
– SECURITY MASTER Key:
lGppkshpZJfKmm2alMqab2iZZ5pmlWScmmXHlZael5jJnW2UlJpqmJaXZnFllm5q
– To control this key:
https://www.security-master-key.com.
Regulated information:
Inside information:
– Information on annual turnover
Full and original press release in PDF format:
https://www.actusnews.com/news/84194-m2i-confirmation-de-la-croissance-dans-une-periode-wait-and-see-with-un-ca-2023-de-587-m-euro.pdf
© Copyright Actusnews Wire
Receive future company press releases free of charge by email by subscribing to www.actusnews.com