We are pleased to share the new edition at the end of April on the TMF salesforce recruitment plan progress. As in the precedent edition, we would like to praise the performance of our new joiners.
This month, our top performers are Jan Braunert (maintaining his lead), Mickael Bouaziz (2^nd as in our two precedent editions). Karim Bounar has climbed from 13^th to 3^rd place and joined the podium, overtaking Daniel Jonski who stands now in 4^th position. We can also pay tribute to the great performances of Andrea Selloni and Fernando Matador, getting close to the podium as last month.

See you soon for a new edition with the figures at the end of May, and to find out who will be standing on the top of the podium next!

We are pleased to share the new edition at the end of March on the TMF salesforce recruitment plan progress. As in the precedent edition, we would like to praise the performance of our new joiners.

This month, our top performers are Jan Braunert (extending his lead thanks to a 3-year tender signature with a total value of €30M – more details to come), Mickael Bouaziz (maintaining his second position) and Daniel Jonski (reaching third position). We can also pay tribute to the great performance of Andrea Selloni and Fernando Matador, getting close to the podium.

See you soon for a new edition with the figures at the end of April, and to find out who will be standing on the top of the podium next!

On January 18th 2022, Econocom has announced its 2021 preliminary results. You will find below key messages of the press release.

The full content is also available here.

Strong increase in the group Recurring Operating Profit² and Net Result in 2021

2021 highlights the resilience of Econocom Business Model

Stability of revenues despite the impact of the difficulties in the global procurement market of digital assets in 2021

• Revenues of €2,522 million, stable¹ versus 2020

Sustained growth of the ROP² and of the Net result

• Increase¹ of 16% in the Recurring Operating Profit (ROP)² at €135 million (+16%), the operating profitability rate reaching 5.4% up 0.8 pt
• Sharp increase of the Net Result at €70 million (+40%)

Contained net financial debt

• Net financial debt under control at €67 million at December 31, 2021

Outlook

• Econocom confirms that it will continue to actively pursue external growth opportunities in order to reinforce its positioning in its three core businesses in the targeted geographic areas
• The high level of backlog recorded at the end of the year 2021 will also allow the group to secure part of the revenues of the two first quarters of 2022

Preliminary results – Non-audited financial information

¹ On a like-for-like basis (at constant perimeter and accounting standards)

² Before amortization of intangible assets from acquisitions and after restatement in line with IFRS 5 for assets held for sale and excluding discontinued operations

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