(AOF) – Streamwide recorded a 15% increase in its net profit in the first half of the year to 1.2 million euros. The specialist in communications and critical activities software solutions also generated Ebitda up 21% to 4.58 million euros. He explains this increase by the increase in half-yearly income, combined with cost control, particularly salary costs. Turnover increased by 3% to 8.4 million euros.
As indicated during the publication of the 2023 half-year revenues, the level of 2023 annual revenues currently anticipated is satisfactory, but still remains linked to the deployment schedule of the various French and European ministerial projects.
“The Italian project, in particular, won by the group for several months now, should enter a first operational phase by the end of the financial year. In terms of revenue, the impact could thus be more or less significant from the fourth quarter 2023”, specifies Streamwide.
In addition to this uncertainty, 2023 revenues should however increase at least equivalent to the development observed in the first half of the financial year. “With a revenue base that is often more favorable in the second half, and with a relatively stable cost structure, the impact on the operating margin and on the annual results should therefore be positive,” concludes the group.
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