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Quadient S.A. Capital/Financing Update 2024
1616_iss_2024-10-30_1c2670ad-278a-4e09-8e71-ff9902db9e46.pdf
Capital/Financing Update
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Quadient secures €25 million Schuldschein facility from EBRD to finance R&D programs in Czech Republic
Paris, October 30, 2024
Quadient S.A. (Euronext Paris: QDT), a global automaƟon plaƞorm powering secure and sustainable business connecƟons, today announces that it has secured a new €25 million Schuldschein facility from the European Bank of ReconstrucƟon and Development (EBRD) to finance R&D programs in Czech Republic.
The Schuldschein loan from the EBRD is for a total nominal amount of €25 million with maturiƟes spread equally between 5 and 7 years. The new credit facility aims at financing R&D programs at Quadient's state of the art R&D center in Hradec Králové, Czech Republic.
Quadient's R&D center in Czech Republic is the Company's hub for its Digital automaƟon plaƞorm development. It currently hosts around 400 employees, including soŌware developers, testers, IT consultants, trainers and UX designers. The R&D team is responsible for driving conƟnuous improvements to Quadient soŌware offerings and developing innovaƟve Digital soluƟons, by leveraging advanced technologies such as ArƟficial Intelligence, complex frameworks, and programming languages. A strong focus is placed on fostering conƟnuous learning and collaboraƟon by partnering with local schools and universiƟes to train future engineers and developers. Notably, Quadient regularly collaborates with the University of Hradec Králové, offering classes, organizing IT events, and hosƟng BarCamps on new technologies.
In addiƟon to the headquarters in Hradec Králové, Quadient also has offices established in Olomouc and Ostrava in the Czech Republic. This strong presence in the Královéhradecký region is well recognized locally as Quadient Czech Republic has been named Employer of the Year for several consecuƟve years and recently achieved 4th place naƟonally.
Laurent du Passage, Chief Financial Officer of Quadient, said: "We are pleased to be partnering with the EBRD to strengthen our R&D acƟviƟes in Czech Republic. Our R&D center in Hradec Králové is central to Quadient's Digital strategy and plays a key role in the local community. We are excited to be able to further enhance our development capabiliƟes while maintaining our leadership in the field of innovaƟon and ArƟficial Intelligence, conƟnuing to offer best in class soluƟons to our customers."
In the full-year 2023, Quadient dedicated a total of €63.2 million to R&D spending across its three automaƟon plaƞorms, represenƟng 5.9% of its Group revenue.
About Quadient®
Quadient is a global automaƟon plaƞorm provider powering secure and sustainable business connecƟons through digital and physical channels. Quadient supports businesses of all sizes in their digital transformaƟon and growth journey, unlocking operaƟonal efficiency and creaƟng meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME invesƟng.
For more informaƟon about Quadient, visit hƩps://invest.quadient.com/en/
Contacts
Catherine Hubert-Dorel, Quadient +33 (0)1 45 36 30 56 [email protected]
Caroline Baude, Quadient +33 (0)1 45 36 31 82 [email protected]
financial-communicaƟ[email protected] OPRG Financial Fabrice Baron +33 (0)6 14 08 29 81 fabrice.baron@ omnicomprgroup.com
About EBRD
The EBRD is a mulƟlateral bank that promotes the development of the private sector and entrepreneurial iniƟaƟve in 36 economies across three conƟnents. The Bank is owned by 73 countries as well as the EU and the EIB. EBRD investments are aimed at making the economies in its regions compeƟƟve, well governed, green, inclusive, resilient and integrated.