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Neurones S.A. Earnings Release 2024

Sep 11, 2024

1548_iss_2024-09-11_8b3711d8-aad2-42c2-94f5-7f2ed6cfaedb.pdf

Earnings Release

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PRESS INFORMATION

Heading: 1st half 2024 results Nanterre, September 11, 2024 (after trading)

7.3% net profit in 1st half 2024

(in millions of euros) H1 2023 2023 H1 2024 *
Revenues 368.7 741.2 402.4
Business operating profit** 41.8 (11.3%) 81.5 (11%) 40.5 (10.1%)
Operating profit 39.5 (10.7%) 75.9 (10.2%) 37.1 (9.2%)
Net financial profit 1.9 4.9 4.7
Tax on earnings (11.4) (22.2) (12.6)
Net profit after tax 30 (8.1%) 58.6 (7.9%) 29.2 (7.3%)
of which, group share 25.4 49.4 24.5
Staff at end of period (ppl.) 6,580 6,749 7,001

* Financial statements as at 06/30/2024 approved by the Board of Directors on September 11.

** Before cost of bonus shares.

Achievements

As previously announced, the Group achieved sustained growth in the 1st half (+ 9.1%, of which 8.2% with constant structures).

Operating profit was confirmed at 9.2% of revenues. Pre-tax profit rose slightly (higher financial income).

Net cash and cash equivalents (excluding IFRS 16 rental debts) amounted to €256.9 million (€261.3 million a year earlier), the difference being mainly due to an increase in customer payment terms.

Outlook

NEURONES confirms its forecasts for the year as a whole:

  • revenues of around €800m,

  • operating profit of around 9.5%.

About NEURONES

With 7,000 experts, and ranking among the French leaders in management consulting and digital services, NEURONES helps large companies and organizations implement their digital projects, transform their IT infrastructures and adopt new uses.

Euronext Paris (compartment B - NRO) – Euronext Tech Leaders – DSS mid-caps – 'PEA-PME' eligible www.neurones.net

Press Relations: O'Connection Julia Philippe-Brutin Tel.: +33 (0)6 03 63 06 03 [email protected]

NEURONES Matthieu Vautier Tel.: +33 (0)1 41 37 41 37 [email protected]

Investor Relations: NEURONES Paul-César Bonnel Tel.: +33 (0)1 41 37 41 37 [email protected]

Forward together...®

Immeuble "Le Clemenceau 1" - 205, avenue Georges Clemenceau - 92024 Nanterre Cedex - France +33 (0)1 41 37 41 37 - www.neurones.net - Follow NEURONES: A Société Anonyme company with a share capital of €9,711,486.40 - R.C.S. NANTERRE B 331 408 336 - VAT Code FR 46331408336 - Siret No. 331 408 336 00021 – APE 6202A