Strong Q1 2021 revenue growth:

Econocom Group generated revenue of €614 million for the first quarter of 2021, up¹ 4.7% compared with the first quarter of the previous year. 

In line with the improvement observed in the fourth quarter of 2020, and despite the persisting effects of the pandemic early in the year, the return to growth in the first quarter of 2021 bears witness to the resilience of Econocom’s business model and backs up the assumption of a recovery in all Group’s businesses in 2021. 

Q1 2021 sustained revenue growth breaks down as follows:

• 1 just 3.5%. In this segment, Econocom continues to develop new areas of growth, both in France and internationally, with a clearly growing order backlog.

Outlook: return to sustainable growth cycle

On the strength of this positive first quarter, Econocom confirms its growth target for 2021 and anticipates that the year will mark the start of a new growth cycle, both organically and through targeted acquisitions.

Next publication: H1 2021 revenue release, 22 July 2021 after close of trading.

¹ On a like-for-like basis at constant perimeter and for continuing activities