Prodware: a loss of 23.7 million euros in 2023


(AOF) – Prodware, specialist in digital transformation in Europe, revealed EBITDA growing by 36.6% in 2023 to 71.1 million euros. It shows an annual loss of 23.7 million euros after a profit of 15.7 million euros in 2022. Consolidated turnover for the 2023 financial year shows growth of 102.1% at 380.6 million euros. Taking into account the acquisitions made during 2023, the amount of net debt increases and reaches 187.8 million euros at the end of 2023.

On the outlook side, Prodware will “pursue its 2024-2026 strategic plan aimed at supporting the digital transformation of its customers, through on the one hand, a One Stop Shop logic supported by Phast and on the other hand, thanks to a strategy ‘ One Brand, One Market’ by developing leadership in its market for each brand in the group. This is made possible by the integration of its new acquisitions abroad.

The company, which will publish its turnover for the first half of 2024 on July 24 after market trading, intends to continue the growth of its operating profit and improve its operational profitability.

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